Brief: Hibino to buy shares of JVCKENWOOD Arcs for 654 mln yen

Hibino

31/10/2016 06:15

Oct 31 (Reuters) - Hibino Corp  2469.T : 
     
    * Says it to buy 41,480 shares of Japan-based co JVCKENWOOD 
Arcs Corporation from JVC KENWOOD Corp  6632.T  for 654 million 
yen (including advisory cost) 
    * Says it to increase voting rights in JVCKENWOOD Arcs to 
94.3 percent from 35 percent 
    * Says transaction effective date planned on Dec. 1 
     
    Source text in Japanese: https://goo.gl/T0N8cv 
    Further company Coverage:  2469.T   6632.T  
 
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