Competition Council Reviews Niterra’s Acquisition of Toshiba Materials
Get real time updates directly on you device, subscribe now.
The Competition Council is reviewing the transaction by which Niterra Co., Ltd., Japan intends to acquire Toshiba Materials Co., Ltd., Japan from Toshiba Corporation.
The Niterra Group, which has 79 companies, operates in the automotive products, technical ceramic products and products in new business areas.
Toshiba Materials Co., Ltd., a subsidiary of Toshiba Corporation, is active in the development, manufacture and sale of fine ceramic products, phosphorus-applied products, high-purity metals, magnetic parts, tungsten and molybdenum, special metals and alloys and other applied products. In Romania, the company is active on the silicon nitride plate market.
“According to the provisions of the Competition Law (no. 21/1996), this operation must be authorized by the Competition Council, which will assess it in order to establish its compatibility with a normal competitive environment and will issue a decision within the deadlines provided by law,” says the Council’s press release.
DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002