Japan’s Idemitsu faces merger hurdles

Japanese oil company Idemitsu Kosa has been forced to postpone the acquisition of a stake in a rival. It needs to clear a series of obstacles before the deal can go through.
September 08, 2016

Japan’s oil refining sector looks ripe for consolidation. But anti-trust fears and a backlash from one party's founding family are delaying a landmark merger in the sector.

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