{
  "id": 19108629,
  "title": "Sojitz signs agreement to acquire 5% of Vietnam tungsten supplier Masan High-Tech Materials",
  "url": "https://urgent.news/2026/11/09/sojitz-signs-agreement-to-acquire-5-of-vietnam-tungsten-supplier-19108629",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-09T06:08:44.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/sojitz-signs-agreement-acquire-5-vietnam-tungsten-supplier-masan-high-tech-materials-6535521"
  },
  "original_language": "en",
  "account": "Japan's Sojitz Corp has entered into a memorandum of understanding to acquire a 5% stake in Vietnamese tungsten producer Masan High-Tech Materials, the Vietnamese conglomerate announced on Monday. The stake will be purchased from Masan Group's wholly-owned subsidiary, Masan Horizon, at a price equal to or greater than the amount paid by Elmet in its investment in MSR. In September, Masan High-Tech announced its intention to sell a 4.99% stake to Elmet Group, a deal valued at approximately $2.5 billion, suggesting a value of around $125 million for the stake in question. The parties are aiming to finalize definitive agreements by the end of the year, pending completion of due diligence and regulatory approvals.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}