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Asahi Kasei prepared to pour $1.7 bn into merger and acquisition strategy.

Chemical Business Newsbase

| January 01, 2009 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

By the end of fiscal 2010, Yen 150 bn is to be spent by Asahi Kasei on mergers and acquisitions in order to achieve its growth targets. The company's Growth Action-10 medium-term business plan has a budget of Yen 400 bn for strategic investments. Total investment budget for the plan is Yen …

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