Japanese bearing makers NTN, NSK seek business integration
( May 12, 2026, 08:45 GMT | Official Statement) -- MLex Summary: Japanese bearing manufacturers NTN and NSK reached a basic agreement Tuesday to integrate their businesses under a joint holding company, subject to competition reviews. Osaka-based NTN and Tokyo-based NSK said they aim to achieve long-term profitable growth and strengthen global competitiveness by establishing the joint holding company in October 2027. The transaction remains subject to US securities laws and domestic and foreign competition laws, the companies said in a joint statement. The combined company would hold the world’s largest market share in bearings, according to business daily Nikkei.Statement is attached. ...
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