🏗️ ITOCHU drops $1.2B to raise its Hitachi Construction Machinery stake to 33.4% — gaining veto power.
The sogo shosha model in action: invest big, integrate deep, dominate global supply chains.
#ITOCHU #SogoShosha #TradingHouse #JapanBusiness

Importers Agree to Pay $6.8M to Resolve False Claims Act Liability Relating to Voluntary Self-Disclosure of Unpaid Customs Duties Manchester, New Hampshire, based Global Plastics LLC (Global Plastics) and Melville, New York, based Marco Polo International LLC (Marco Polo), both subsidiaries of MGI International LLC, have agreed ...

Two subsidiaries of MGI International LLC, Global #Plastics LLC and Marco Polo International LLC[ITOCHU Corporation/ITOCHU International Inc.], have agreed to pay $6.8 million to resolve their civil #liability under the False Claims Act.
#sogoshosha
more here: www.justice.gov/opa/pr/impor...