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Showa Aluminum Can agreed to acquire a 20% stake (16,000 shares) in Universal Can Corporation from Hokkan Holdings. Completion is planned for March 31, 2022. The deal was reported November 24, 2021, with no value disclosed.
Hokkan Holdings agreed to acquire an 80% stake in the beverage packaging units of PT Deltapack Industri for IDR 1.3 trillion, through a new joint venture PT Hokkan Deltapack. The deal was agreed on 31 October 2018 and is expected to close in April 2019.