Superior Essex to buy out Furukawa Electric's stake in magnet wire JV

Superior Essex has agreed to acquire the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture, making Superior Essex the sole owner. The transaction is expected to close at the end of April 2024.

“Superior Essex has agreed to fully take over the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture.”streetinsider.com

• 4 sources
• streetinsider.comSuperior Essex, Furukawa Electric Agree to Buyout in Global VentureMar 25, 2024
• zh-cn.essexsolutions.comSuperior公司埃赛克斯 同意从古河电气（Furukawa Electric）手中收购埃赛克斯 古河全球合资企业剩余股权 |埃赛克斯 Solutions |埃赛克斯 SolutionsMar 25, 2024
• essexsolutions.comSuperior Essex Agrees to Acquire Remaining Ownership Stake in Essex Furukawa Global Joint Venture from Furukawa Electric | Essex Solutions | Essex SolutionsMar 25, 2024
• insideamericamag.comSuperior Essex and Furukawa Electric agree to buyout in global venture - Inside AmericaPhil NIchollsMar 28, 2024

Summarized from public sources; check the original articles before acting on it.