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7860 — Avex News Story

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Brief: Avex to dissolve unit and to set up unit in U.S.

Nov 8(Reuters) - Avex Inc  7860.T  
    
    * Says it plans to dissolve a wholly owned U.S.-based unit
Avex
International Inc.
    * Says it will set up a wholly owned U.S.-based unit Avex
USA
Inc., in December
    * Says the new unit will be capitalized at $1 million 

    
    
    Source text in Japanese:http://bit.ly/2qBvIHE
    Further company coverage: 7860.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724;
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))

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