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7860 — Avex News Story

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Brief: Avex Group Holdings announces reorganization in co and units

Feb 23 (Reuters) - Avex Group Holdings Inc  7860.T  : 
     
    * Says co plans to transfer management related business in 
co and co's four wholly owned units (AMC, AVI, ASI and APD) to 
its wholly owned Tokyo-based unit Avex Management Inc (AMG), 
effective on April 1 
    * Says co plans to transfer music related business in co and 
co's five wholly owned units (AVI, ASI, APD, ALC and ANC) to its 
wholly owned Tokyo-based unit avex music creative Inc(AMC), 
effective on April 1 
    * Co's wholly owned unit avex digital Inc (ADG) plans to 
merge with its wholly owned unit (UULA), on April 1 
    * Says the unit UULA will be dissolved after the transaction 
     
    Source text in Japanese: https://goo.gl/FhnVZl ; 
https://goo.gl/abg0Jz ; https://goo.gl/1ZaTDx 
    Further company coverage: 7860.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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