Brief: Chilled & Frozen Logistics Holdings says restructuring of insurance agency business

Chilled & Frozen Logistics Holdings Co

29/01/2018 06:32

Jan 29 (Reuters) - Chilled & Frozen Logistics Holdings Co 
Ltd  9099.T   
    
    * Says co plans to fully acquire a Tokyo-based firm (target 
firm) 
via stock swap, with expected effective date on April 1 
    * Says target firm is mainly engaged in insurance agency 
business 
and real estate business 
    * Says one share of target firm's stock will be exchanged 
with 
4,085 shares of the co's stock and 167,485 shares of the co will 
be exchanged  
    * Says co's Tokyo-based unit will merge with target firm and 
target firm will be dissolved after merger 
 
    Source text in Japanese: https://goo.gl/N6UZVW 
    Further company coverage: 9099.T  
 
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