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7299 Fuji Oozx News Story

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Brief: Fuji Oozx to divest stake in JVs based in S.Korea and China

July 15 (Reuters) - Fuji Oozx Inc  7299.T  : 
     
    * Says it plans to transfer entire 25 percent stake in 
S.Korea-based joint venture (JV) (SHK) to Alticast Corporation  
    * Says it plans to transfer entire 30 percent stake in 
China-based automobile parts system JV (SHB) to Alticast 
Corporation  
    * SHK was established by Alticast Corporation, TRW 
Automotive J.V. LLC and the company, while SHB was established 
by SHK, TRW Automotive China Holdings Ltd. and the company 
    * Effective date to be determined  
     
    Source text in Japanese: https://goo.gl/Ywbxr6 
    Further company coverage: 7299.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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