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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