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Cabot and Showa Denko announce agreement.


Cabot announced that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Cabot International Capital, has entered into an agreement with Showa Denko Showa Denko K. K. (昭和電工株式会社   K.K. pursuant to which Cabot International Capital will become the sole owner of Showa Cabot K.K., a 50:50 joint venture between Cabot and Showa Denko. Showa Cabot has operated a carbon black business in Japan since 1978. The transaction is expected to close in November November: see month. , and Showa Cabot will be renamed Cabot Japan K.K.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Contracts, licenses
Publication:Rubber World
Date:Oct 1, 2005
Words:76
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