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Shingo Hanada takes the helm as Kubota president and CEO
Hanada replaces Haruyuki Yoshida who will retire from Kubota. In addition, Todd Stucke has been promoted to executive officer. Details here.
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Kubota is Not Paying Any Premium for Escorts Shares: SES
Japanese Kubota Corporation is paying Rs1,873 to increase its stake in Escorts Ltd to 14.99% from 9.09%. Escorts claims that this investment at Rs2,000 per share comes at a premium of 29.5% from its floor price of Rs1,544.16.
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