Sumitomo Corp to buy auto parts maker from fund


TOKYO, June 21 (Reuters) - Japanese trading house Sumitomo Corp said on Monday it plans to buy auto parts manufacturer Kiriu Corp in July from investment fund Unison Capital for around 10 billion yen ($92 million). Unison Capital, a Japanese investment fund, bought Kiriu, a former Nissan Motor Co affiliate in 2001 and owns roughly 90 percent of the brake disc manufacturer. Details of the deal would be released at 11:30 a.m. (0230 GMT), Sumitomo Corp spokesman Yasuhito Umechi said. ...

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