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Mitsubishi Corp Invests in Turkey’s Calik to Win Energy Orders

Mitsubishi Corp., Japan’s biggest trading house, said it will buy shares in and exchange personnel with a unit of Turkish conglomerate Calik Holding AS as it seeks to win more energy orders in Central Asia and the Middle East.

The Tokyo-based trader will build a strategic alliance by buying shares of Calik Enerji Sanayi ve Ticaret AS, whose operations include energy plant engineering and construction, Mitsubishi said in a statement on its website.