Japan’s Mitsubishi Materials to sell aluminium business to U.S. fund

Written by on November 25, 2021

TOKYO, Nov 25 (Reuters) - Japan's Mitsubishi Materials Corp (5711.T) said on Thursday it will sell its aluminium business, used for beverage cans and automotive parts, to U.S. investment fund Apollo Global Management for an undisclosed sum.

Although the aluminium market is expected to grow globally, Mitsubishi Materials . . .

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