Idemitsu founding family opposes planned merger with Showa Shell

Idemitsu founding family opposes planned merger with Showa Shell

Undated combined photo shows signs at gas stations bearing the logos of Japanese oil distributors Showa Shell Sekiyu K.K. (L) and Idemitsu Kosan Co., which have close ties with Iran and Saudi Arabia, respectively. The founding family of Idemitsu opposes its planned merger in April 2017 with Showa Shell because of their different corporate cultures, the family's representative said on June 28, 2016. (Kyodo) ==Kyodo

  • Product Code
  • ILEA000089408
  • Registered date
  • 2016/6/28 16:14:40
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2016 Kyodo News
  • Media size
  • 3919 × 2806 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 904.96(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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    Idemitsu founding family, management at odds over merger with rival

    Idemitsu founding family, management at odds over merger with rival

    Daisuke Seki, executive vice president of Japanese oil distributor Idemitsu Kosan Co., speaks at a press conference in Tokyo on July 11, 2016, after talks with the company's founding family. The two sides remained at odds over Idemitsu Kosan's merger with rival Showa Shell Sekiyu K.K. (Kyodo) ==Kyodo