Brief: Morinaga & Co says reorganization and sale of unit
25/04/2017 09:43
April 25 (Reuters) - Morinaga & Co Ltd 2201.T
* Says a Chiba-based unit(unit A) will take over a
Chiba-based golf course from the company and another Chiba-based
unit(unit B)of the co, on July 1
* Says the co will merge with wholly owned unit B on July 1
* Says unit B will be dissolved after the transaction
* Says it will sell 340 shares(100 percent stake)of unit A
to unit of Heiwa Corp 6412.T , on July 3 with undisclosed
transaction price
Source text in Japanese:https://goo.gl/OiDkQV
https://goo.gl/1T8qo8
Further company coverage: 2201.T
(Beijing Headline News)
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