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Idemitsu Kosan Co Ltd (5019.T)

5019.T on Tokyo Stock Exchange

3,785JPY
6:00am GMT
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¥-85 (-2.20%)
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¥3,870
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¥3,775
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Volume
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Tue, Oct 16 2018

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Japan refiner Idemitsu finalizes deal to buy out Showa Shell

TOKYO Japanese oil refiner Idemitsu Kosan on Tuesday finalised a deal to buy out Showa Shell Sekiyu through a share swap in a deal worth about $5.6 billion.

UPDATE 2-Japan refiner Idemitsu finalises deal to buy out Showa Shell

* New firm will not combine 7 group refineries -Idemitsu president (Adds details)

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