Marubeni Reshapes Portfolio With Indonesian Legal Review And Canadian Mining Move
- Marubeni is seeking a judicial review of an Indonesian Supreme Court ruling, challenging a decision that affects its legal position in the country.
- The company has announced broad management reshuffling and organizational restructuring across several divisions.
- Marubeni is closing its Luanda office in Angola as part of changes to its regional footprint.
- The company is expanding its presence in Canadian mining through a three way joint venture with Hudbay Minerals and JOGMEC.
For investors watching TSE:8002, these moves come as the share price stands at ¥5,126.0, with a very large 5 year return and a 253.1% return over 3 years. The stock is up 132.5% over 1 year and 15.2% year to date, with a 30 day return of 18.4% and a 7 day decline…
