Breaking: ¥100bn offer for TNSC

Taiyo Nippon Sanso (TNSC) is one of the Tier 1 global industrial gas companies, and parent company of US-based MATHESON.

Japanese media have reported Mitsubishi Chemical Holdings Corp. is planning to make a $980m offer to secure a majority stake in Taiyo Nippon Sanson Corporation – although no official statement from either company has been released.

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