Asahi Glass To Take Entire Stake In Philippines' Flat Glass Venture

Asahi Glass Co Ltd, has decided to take over its joint venture in the Philippines. The Japanese company will take a 51% stake in the Manila-based Republic-Asahi Glass Corporation (RACG) for about 3,200m Yen. The acquisition will make RAGC its wholly-owned subsidiary. Currently, Asahi owns a 49% stake in the Unit while RAGC's parent company, Republic Glass Holdings Corporation holds the remaining 51%.

Author
Un-named
Origin
Unknown
Journal Title
Asian Ceramics And Glass July/2001 13
Sector
News Items
Class
N 1121

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Asahi Glass To Take Entire Stake In Philippines' Flat Glass Venture
Asian Ceramics And Glass July/2001 13
N 1121
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