Teijin Frontier and Asahi Kasei Advance Agree to Merge in Definitive Deal

Reuters
2025.12.01 07:03
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Teijin Frontier Co., Ltd. and Asahi Kasei Advance Corporation have agreed to merge through an absorption-type merger, with Teijin Frontier as the surviving company. The merger aims to leverage strengths in textiles and materials, expand sales channels, reduce procurement costs, and enhance competitiveness. The Board of Directors of both companies resolved to proceed with the agreement on December 1, 2025.