Marubeni to Spend $322 Million on Stake in Hsin Tao Power, Nikkei Reports

Marubeni Corp. will boost its stake in Hsin Tao Power Corp., a Taiwanese power-plant operator, to about 83 percent as early as this week, Nikkei English News said, without citing anyone.

The Japanese company will acquire the 62 percent stake held by Evergreen Group for about 30 billion yen, the report said.

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