Independent journal on economy and transport policy
08:32 GMT+2
JFE pauses ship-building merger with IHI
(The Japan Times Online)
November 10, 2009
Bloomberg
JFE Holdings Inc.'s shipbuilding unit, the nation's second-largest by output, said plunging demand will force it to prolong its evaluation of the merger planned with IHI Corp., 19 months after the tieup was proposed.
“We'd like to complete an assessment of the shipbuilding integration as soon as possible,” Shinjiro Mishima, chief executive officer of the Kawasaki-based unit, Universal Shipbuilding Corp., said ...... Read more on The Japan Times Online
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher