Brief: Asahi Yukizai to increase voting power in ASAHI AV TRADING to 69 pct or more

ASAHI YUKIZAI

13/09/2017 08:21

Sept 13(Reuters) - Asahi Yukizai Corp  4216.T  
     
    * Says it plans to acquire 19,800 shares or more of ASAHI AV 
TRADING CO.,LTD., and to increase voting power in ASAHI AV 
TRADING to 69 percent or more from 36 percent, effective April 
2, 2018  
    * Price undetermined  
    * Says its wholly owned unit Asahi AV Japan Corporation will 
merge with ASAHI AV TRADING, effective April 3, 2018 
    * ASAHI AV TRADING will be dissolved after the merger  
 
     
     
    Source text in Japanese:https://goo.gl/24xF9C 
    Further company coverage: 4216.T  
 
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