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Toshiba, Mitsubishi to merge power distributor section.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 19 Kyodo

Toshiba Corp. and Mitsubishi Electric Corp. are in final negotiations to integrate their manufacturing and sales divisions of power transformation equipment and power distributors for the electric power industry, the Asahi Shimbun reported Wednesday.

The two firms will set up a new company by spinning...

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