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6993 — Daikokuya Holdings News Story

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Brief: Daikokuya Holdings will acquire competitor Brand Off for around 9 billion yen - Nikkei

June 14 (Reuters) - Nikkei: 
    * Daikokuya Holdings will acquire competitor Brand Off in a 
move that more than doubles its store count in Japan -Nikkei 
    * Daikokuya unit SBO will acquire all outstanding shares 
from brand off's founding family for around 9 billion yen and 
also assume co's debts - Nikkei 
    * Daikokuya will keep all of brand off's roughly 400 workers 
- Nikkei 
 
Source text for Eikon:  ID:nNen5msk0d  
Further company coverage:  6993.T  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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