Topcon announces agreement on management integration with SOKKIA

Topcon announces agreement on management integration with SOKKIA

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16 March 2007: Topcon Corporation approved to enter into a basic agreement on management integration with Sokkia Company, at a board of directors meeting held on March 16, 2007. The management integration will be implemented through an acquisition of SOKKIA’s shares by the Company, as the result of which SOKKIA will become a subsidiary of the Company. The management integration will be implemented only when the Company and SOKKIA obtain clearance for the management integration from the Fair Trade Commission of Japan from the viewpoint of the Antimonopoly Law of Japan. The Company will announce details of the management integration, once it approves the management integration after obtaining the clearance from the FTC.