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Ube completes LANXESS urethane systems business acquisition

April 2, 2025 at 12:01 PM UTCBy 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:4208Tokyo Stock Exchange

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