Owada and Kennen Combine Capital Osaka, Sept. 28 An ogreement for the merger of tthe Owada Cotton Spinning Ca, capitalized "at ¥.4000000, and. the Kennen Cotton Spinning Ca, with capital of ¥.2,750,000, was initialled yesterday by the directors of the two firms.
The merger follows the movement begun earlier this week in the amalgamation of the Sagami and the Fuji Gas Cotton Spinning Companies, with combined eapMalization concern Toyo Company, largest cotton spinning is the capitalized at ¥.70,975,000 followed by the 'Kanegafuchi' Cotton Spinning Company, with the capital of ¥.60,-
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