News Headline Summary

JFE Holding (5411 JT) and IHI (7013 JT) said they will proceed with a merger of their shipbuilding operation on January 1st, and this merger has won approval from Chinese authorities after repeated delay

Reaction details:

- JFE Holding shares opened down by 1% in Tokyo trading.
- IHI shares fell 1.1% at open in Tokyo trading.

Print 23:44, 04 Dec 2012 - Asian News - Source: Newswires