TOKYO -- Ailing shipbuilder Mitsui E&S Holdings has reached out to peer Mitsubishi Heavy Industries about forming a tie-up in light of a massive loss that has necessitated a business restructuring, sources close to both companies told Nikkei.
Business deals
Mitsui E&S seeks shipbuilding tie-up with Mitsubishi Heavy
Competition overseas forces the company to cross traditional zaibatsu lines
