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Tsubaki Nakashima to acquire NN Inc precision bearing components operations

( July 10, 2017, 08:42 GMT | Official Statement) -- MLex Summary: Tsubaki Nakashima, a Japanese maker of industrial bearings, will acquire the precision bearing components operations of Johnson City, Tennessee-based NN Inc. for $375 million, it said in a statement today. The deal requires regulatory approval. The firm's operations are located in the US, the Netherlands, Italy, Slovakia, Bosnia and China. The statement, in Japanese, is attached. ...

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