Brief: Dainichiseika Color & Chemicals MFG to fully buy synthetic leather materials unit via stock swap

Dainichiseika Color & Chemicals MFG Co

09/02/2017 06:15

Feb 9 (Reuters) - Dainichiseika Color & Chemicals MFG Co Ltd 
   4116.T : 
     
     
    * Says the co plans to fully buy its 92.7-percent-owned 
unit, which is mainly engaged in synthetic leather materials 
business, through stock swap 
    * Says one share of the unit to be exchanged into 2.018 
shares of the co and 18,162 shares to be exchanged 
    * Says effective date on March 13 
     
     
    Source text in Japanese:https://goo.gl/1dJPhn 
    Further company coverage: 4116.T  
 
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