Brief: Infoteria to fully acquire UK design firm for 7 mln pounds

Asteria

04/04/2017 08:36

April 4 (Reuters) - Infoteria Corp  3853.T  : 
     
    * Says it plans to fully acquire UK-based design firm This 
Place Limited for totaling 7 million pounds (976.5 million yen) 
on April 20 
    * Says co will own 100 percent stake in This Place Limited 
after transaction  
    * Co plans to distribute 185,278 shares of its common stock 
at 754 yen per share via private placement and to raise 139.7 
million yen in total 
    * Says placement date is April 20 
     
    Source text in Japanese: https://goo.gl/d8MWh8 
    Further company coverage: 3853.T  
 
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