Nippon Oil, Mitsubishi Oil announce merger
Hidejiro Osawa (L), president of Nippon Oil Co., Japan's No.
2 petroleum company, and Yoshihiko Izumitani (R), president of
Mitsubishi Oil Co., ranked sixth, announce a basic agreement on
merger of the two companies at a news conference in Tokyo on
Wednesday Oct. 28. The merger next April will give birth to Japan's
largest petroleum company to top the present industry leader Idemitsu
Kosan Co. in terms of sales and market share.
- Product Code
- Registered date
- 1998/10/27 15:00:00
- Kyodo / Kyodo News Images
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- 1216 × 1708 pixel
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