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Nippon Light Metal, Kobe Steel agree to integrate aluminum-extrusion businesses

( June 16, 2026, 04:01 GMT | Official Statement) -- MLex Summary: Nippon Light Metal Holdings and Kobe Steel said Monday that they have signed a basic agreement to combine their domestic aluminum-extrusion businesses, targeting an April 2027 integration through a jointly owned holding company. The transaction remains subject to regulatory approvals, including review by the Japan Fair Trade Commission. Nippon Light Metal is expected to hold a majority stake in the integrated company. Statement is attached....

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