Asia
Nisso Holdings to Merge Subsidiary and Sub-Subsidiary to Streamline Operations
Nisso Holdings (TYO:9332) said it will merge its consolidated subsidiary Man to Man Holdings with sub-subsidiary Man to Man, according to a Friday filing on the Tokyo Stock Exchange.The absorption-type merger will see Man to Man as the surviving entity and Man to Man Holdings dissolved, with the effective date set for June 1, 2026.Under the deal, Nisso will receive 9,900 shares of Man to Man in exchange for its 2,000 shares in Man to Man Holdings. The restructuring is aimed at eliminating dual holding structures and enabling faster decision-making across operating companies.
TYO:9332
