Japanese seafood company Maruha Group has decided to integrate operations with smaller rival Nichiro Corp.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to local reports, a holding company is to be created next October but the swap ratio has not yet been decided.
Maruha Group’s share price jumped 6.38% to JPY250 (US$2.14) on the Tokyo Stock Exchange following today’s (11 December) news reports.
