Asahi Glass Unit sold to Sumitomo Osaka Cement

Sumitomo Osaka Cement Co. reported on 18 November 2009 that it will buy a unit of Asahi Glass Co. Sumitomo Osaka will acquire all outstanding shares in Ito Industry Co., a unit that produces and sells…

Sumitomo Osaka Cement Co. reported on 18 November 2009 that it will buy a unit of Asahi Glass Co. Sumitomo Osaka will acquire all outstanding shares in Ito Industry Co., a unit that produces and sells lime products, based in Tagawa, Fukuoka Prefecture, south western Japan, on 1 December 2009. Financial information regarding the transaction was not available.