Brief: FreakOut Holdings says business and capital alliance with Kanmu and management firm
31/01/2018 03:11
Jan 31 (Reuters) - FreakOut Holdings inc 6094.T
* Says it (including unit Gardia,Inc.) plans to form
business and
capital alliance with Kanmu, Inc. and a Tokyo-based firm, which
is engaged in management of Coiney, Inc. and other firm
* Says it will invest about 400 million yen in Kanmu, Inc.
* Says it aims to invest up to totalling 800 million yen in
the
Tokyo-based management firm, at the end of February
* Says they will mainly cooperate on information sharing of
FinTech service as well as technology and management support
Source text in Japanese:https://goo.gl/gH4Hz9
Further company coverage: 6094.T
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