Showa Shell Sekiyu KK (5002.T)
10 Feb 2016
* Sale of Shell's share in the Shell Refining Company, Malaysia
TOKYO A Japanese state-backed fund planning to rescue unprofitable Sharp Corp is aiming to later merge the solar power business of the electronics maker with a unit of Showa Shell Sekiyu KK , the Nikkei daily reported on Sunday.
* To aim for annual cost savings of Y100 bln in 5 years -sources (Recasts with information from sources)
TOKYO, Nov 16 Japan's largest oil refiner JX holdings Inc is in talks to merge with TonenGeneral Sekiyu, the Nikkei reported on Monday, potentially creating a company that will control more than half of a market in long-term decline.
Nov 12 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:
* Merged company will control nearly 30 percent of market (Recasts, adds details)
TOKYO, Nov 12 Japan's Idemitsu Kosan Co and Showa Shell Sekiyu said they agreed to merge, sealing a combination that was mooted earlier this year to create the second-biggest operator in the crowded Japanese refinery sector.