Wednesday, December 14, 2016

Idemitsu, Showa Shell give up on stop-gap plan for capital ties -Mainichi

TOKYO, Dec 15 (Reuters) - Japanese oil refiners Idemitsu

Kosan and Showa Shell Sekiyu have effectively

given up on a stop-gap plan to form capital ties that was being

considered as a way to get around opposition from the Idemitsu

family to a full merger, the Mainichi newspaper reported.

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