INCJ to buy UK wind power firm for $850m
Japanese state-sponsored fund Innovation Network Corp of Japan (INCJ) is tipped to buy a 50% stake in British wind power engineering firm Seajacks International for around $850 million.
Japanese general trading company Marubeni Corp is also participating in the deal, and will acquire the other 50% of share capital, according to the Nikkei newspaper. The transaction represents an exit...
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