TOKYO -- Itochu will terminate its cross-shareholdings with leading Thai conglomerate Charoen Pokphand Group, the Japanese trading house said Monday, a move taken in line with the Tokyo Stock Exchange's corporate governance guidelines.
Business deals
Itochu to end cross-shareholding in Thai CP Group
Strategic alliance to continue; deal to generate $880m gain for Japan trading house
Itochu and CP Group first entered into a capital tie-up in 2014. (Source photos by Nikkei)
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