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TOKYO, Feb 8, 2021 - (ACN Newswire) - Showa Denko (SDK; TOKYO:4004) has acquired 50% ownership in AMI Automation, headquartered in Monterrey, Mexico, effective on 5th February 2021. AMI Automation provides fully integrated automation and control solutions to a wide range of industries. Showa Denko has an option to acquire the remaining 50% of AMI within 5 years.
AMI, through its Meltshop Solutions division, provides electrode regulation systems and EAF optimization services to improve operating efficiencies, while its Industrial Systems division is an automation and control solution provider for a wide range of industries around the world. AMI s electrode regulation systems are utilized to produce almost 90% of EAF steel in North America.
Showa Denko K.K. Announces Execution of Master Agreement regarding Series of Transactions
- to Effect, among other matters, the Succession of the Aluminum Can and Aluminum Rolling Businesses through Company Splits (Simplified Absorption-Type Company Splits), and Result in Certain Consolidated Subsidiary Ceasing to be a Consolidated Subsidiary of Showa Denko K.K.
TOKYO, Jan 28, 2021 - (JCN Newswire) - This is to announce that the Company has decided to execute a master agreement (hereinafter referred to as the Master Agreement ) with a special-purpose company formed by funds managed by affiliates of Apollo Global Management, Inc. (collectively, hereinafter referred to as Apollo ), regarding a series of transactions, including the succession of the aluminum can business of the Company to Showa Aluminum Can Corp., which is a wholly owned consolidated subsidiary of the Company (hereinafter referred to as Showa Aluminum Can ), and the succession of the aluminum rolling business to Sh
TOKYO, Jan 14, 2021 - (JCN Newswire) - Showa Denko K.K. (SDK; TOKYO:4004) will increase its capacity to produce aluminum substrate for HD media through consolidated subsidiary Showa Denko HD Yamagata K.K.
Showa Denko Revises Dividend Payment Forecast Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.
BriefingWire.com, 12/24/2020 - TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.
1. Reasons for the revision of dividend payment forecast
Based on its comprehensive consideration to the importance of the maintenance of shareholder return, including stable payment of dividend, and its latest forecast of the performance for 2020, SDK revises its forecast of year-end dividend payment per share as in below.
Showa Denko Revises Dividend Payment Forecast – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.