Tuesday, June 12, 2007

Mitsui, Marubeni agree to consolidate LPG business

(Reuters) - Mitsui and Marubeni, the second and fifth-biggest trading
companies, said they aim to consolidate wholesale LPG operations
in April 2008 and their distribution networks in April 2009 to
cut costs and survive competition.




The two firms plan to sign the agreement in October.


Read more at Reuters.com Mergers News

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