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Business deals

Mitsubishi Heavy wraps up Mitsui warship deal and hunts for more

Consolidation leaves Japan with three naval shipbuilders

Mitsui E&S launched the submarine-hunting surveillance ship Aki last year. (Photo via Japan's Ministry of Defense)

TOKYO -- Mitsubishi Heavy Industries on Monday announced an agreement to acquire the foundering naval and government shipbuilding operations of compatriot Mitsui E&S Holdings, and signaled that it is hungry for more.

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