Asia
Umios Corp to Acquire 51% Stake in Malaysia's Pet World International
Umios Corp, formerly Maruha Nichiro (TYO:1333), said its board agreed to acquire a 51% stake in Malaysia-based Pet World International through a newly established holding company, according to a filing on the Tokyo Stock Exchange on Monday.The Tokyo-listed company said the acquisition aims to strengthen its pet food business and accelerate its "glocal" strategy across Asia.
TYO:1333
