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Mergers & Acquisitions | 30 November 2012

Mitsubishi Pencil Likely To Hike Stake In Linc Pens

by Charmi Gutka
Mitsubishi Pencil Likely To Hike Stake In Linc Pens
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Japanese pencil maker, Mitsubishi Pencil, has divulged interest to increase stake in Linc Pen & Plastics Limited.

It had bought 13.5% stake in the company for R20 Cr earlier in March this year to enhance presence and combine technology and marketing strategies of both the firms.

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