Reuters logo
Japan's Idemitsu, Showa Shell to brief on joint business
May 9, 2017 / 1:52 AM / 6 months ago

Japan's Idemitsu, Showa Shell to brief on joint business

TOKYO (Reuters) - Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK said they would brief on a joint business at 2:30 p.m. (0530 GMT) on Tuesday.

FILE PHOTO: A man walks behind a signboard of Showa Shell Sekiyu at its gas station in Tokyo, Japan, November 11, 2015. REUTERS/Yuya Shino/File Photo

Idemitsu Kosan completed the purchase of just under a third of Showa Shell last December, but their goal of a full merger has been delayed indefinitely due to opposition from Idemitsu’s founding family.

Reporting by Osamu Tsukimori; Editing by Edwina Gibbs

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below