Sumitomo Electric Industries Ltd (5802.T)

5802.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sumitomo Electric Industries to take over business from unit
Monday, 5 Feb 2018 

Feb 5(Reuters) - Sumitomo Electric Industries Ltd <5802.T>:Says it will take over accounting related business from Osaka-based wholly owned unit.Effective April 1 .  Full Article

R&I affirms Sumitomo Electric Industries's rating at "AA-" and announces stable outlook – R&I
Tuesday, 14 Feb 2017 

Sumitomo Electric Industries Ltd <5802.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-" – R&I .Rating outlook stable– R&I.  Full Article

Sumitomo Electric Industries to acquire American autoparts maker Keystone for 7 billion yen - Nikkei<5802.T>
Tuesday, 6 Sep 2016 

Nikkei : To spend around 7 billion yen ($67.7 million) to acquire American autoparts maker keystone - Nikkei . Expect the purchase to help expand sales in powdered metal parts business to 80 billion yen in year ending March 2018- Nikkei .  Full Article


Goldman Sachs, Prysmian, others lose challenge against EU cartel fine

LUXEMBOURG Investment bank Goldman Sachs, the world's biggest cablemaker Prysmian, Nexans and eight other cable companies on Thursday lost their challenge against a 302 million euros ($353 million) EU cartel fine.