From Vision Monday...
TOKYO— Seiko Epson Corp. (6724: Tokyo) and (7741:Tokyo) announced that they have today agreed to begin
negotiations about a transfer to Hoya of Epson's optical products business. The proposed transfer aims to promote global expansion of the business by combining the assets of the two parties, according to a joint statement issued by the companies. Seiko and Hoya said that based on today's agreement, they are looking to conclude a contract at the earliest opportunity. The companies also said Hoya has come to an agreement with Seiko Holdings Corp. concerning an alliance about sales of eyewear products.
Say it ain't so...
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