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MITSUI & CO shares soft on delay in partial sale of Oman onshore oil and gas field stake
MITSUI & CO., LTD. <8031> traded weakly. After the close of trading on the 30th, the company announced that the partial sale of its stake in an onshore oil and gas field project in Oman has been delayed. The delay is due to the time required to obtain approvals from relevant authorities. The transaction was originally expected to be completed during the fiscal year ending March 2026, subject to certain preceding conditions including approval from relevant authorities. The company stated that it will continue discussions with related parties to achieve early completion, and that the impact on earnings will be finalized after reviewing the amount and timing of any charges.
Source: MINKABU PRESS
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