FilingReader Intelligence
Ube completes LANXESS urethane systems business acquisition
April 2, 2025 at 12:01 PM UTC•By FilingReader AI
Ube Corporation (TSE:4208) announced the completion of its acquisition of the urethane systems business from LANXESS Deutschland GmbH, effective April 2, 2025. This acquisition, initially disclosed on October 3, 2024, involves Ube acquiring all shares of LANXESS's urethane systems subsidiary. The company stated that the impact of this acquisition on its performance will be reflected in its consolidated earnings forecast for the fiscal year ending March 2026.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:4208•Tokyo Stock Exchange
News Alerts
Get instant email alerts when Ube Industries publishes news
Free account required • Unsubscribe anytime