Brief: Kyowa Exeo to acquire Seibu Electric Industry through stock swap

EXEO

09/05/2018 08:35

May 9(Reuters) - Kyowa Exeo Corp  1951.T 
    
    * Says it signed contract to fully acquire Seibu Electric
Industry
Co Ltd  1937.T  through stock swap
    * Says one share of Seibu Electric Industry will be
exchanged for
1.29 shares of the company (5.7 million shares in total),
effective Oct. 1
    * Says Seibu Electric Industry will be delisted from Tokyo
Stock
Exchange and Fukuoka Stock Exchange effective Sept. 26

    
    
    Source text in Japanese:https://goo.gl/HvQ4bG
    Further company coverage: 1951.T  1937.T 

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