Toda Kogyo Sells Its Entire Stake in Chinese Pigment Venture for ¥3.48bn
The Hiroshima chemicals group is handing its 20.7% stake in Zhejiang Huayuan to co-investor Zhejiang Shenghua for roughly ¥3.48bn, freeing money for its mobility, AI and environmental materials push while it keeps buying pigments from the venture it is leaving.