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Mitsui Shipbuilding Gains 21 Percent on Report of Merger Talks with KHI

(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy Industries Ltd. to create Japan’s [...]
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Kawasaki Heavy Industries fired Satoshi Hasegawa as president and said it ended talks to merge with Mitsui Engineering & Shipbuilding Co., two months after denying the two companies had entered discussions to combine.

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Mitsui to Team With Rivals as 700 LNG Ships Needed by 2030

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Sept. 5 (Bloomberg) — Mitsui Engineering & Shipbuilding Co., the heavy machinery maker whose merger talks with Kawasaki Heavy Industries Ltd. fell apart earlier this year, has teamed with other [...]

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Kawasaki Heavy Ends Mitsui Merger Talks

Vehicles / Watercraft : gCaptain

Kawasaki Heavy Industries Ltd said on Thursday it had ended merger talks with shipbuilding rival Mitsui Engineering & Shipbuilding Co Ltd and demoted its president, Satoshi Hasegawa, who supported the discussions.


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