Mitsui O.S.K. Lines Expands Stake in MODEC, Solidifying Strategic Partnership

Mitsui O.S.K. Lines, Ltd. (MOL) has completed the purchase of 89,500 shares of MODEC, Inc., boosting its total holdings to 15.00% of the company’s common stock. This follows a previous acquisition in June 2023 of over 10 million shares, bringing MOL’s total stake to this new level. As a result of this investment, MODEC will … Continue reading Mitsui O.S.K. Lines Expands Stake in MODEC, Solidifying Strategic Partnership