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Infroneer Holdings to Acquire Mitsui Sumitomo Construction by August 26

The takeover bid has succeeded, and Mitsui Sumitomo Construction will become a subsidiary of Infroneer Holdings.

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Terms & Concepts
  • Takeover Bid: An offer made by one company to purchase shares of another company, often to gain control of it.
  • Subsidiary: A company controlled by another company, typically through majority ownership of its shares.