Toray Industries Inc (3402.T)
20 Aug 2018
- Note: Reuters has not verified this story and does not vouch for its accuracy
Japan's Toray Industries , the world's largest maker of carbon-fiber composite materials, said it will buy TenCate Advanced Composites for an enterprise value of 930 million euros ($1.15 billion), as it looks to ramp up its carbon-fiber business.
* President Yoshinaga to be replaced, to become chairman (Updates with company announcement)