Infroneer Makes Sumitomo Mitsui Construction Wholly Owned Subsidiary

MT Newswires Live15:15

Infroneer Holdings (TYO:5076) said it has completed the process to make Sumitomo Mitsui Construction (TYO:1821) a wholly owned subsidiary, following a tender offer and related procedures, according to a Tuesday filing on the Tokyo Stock Exchange.

The company acquired 81% of Sumitomo Mitsui Construction shares as of Sept. 26, 2025. After shareholder approval for a share consolidation on Nov. 18, the process was finalized on Dec. 23.

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