Brief: Sawada Holdings to sell shares in H.S. Insurance for 1.03 bln yen

HS Holdings

09/12/2016 06:11

Dec 9 (Reuters) - Sawada Holdings Co Ltd  8699.T  : 
     
    * Says it plans to sell 11,486 shares (35.63 percent 
stake)in H.S. Insurance Co Ltd, to H.I.S. Co Ltd for 1.03 
billion yen on Dec. 30 
    * Says co's stake in H.S. Insurance will be lowered to 14 
percent from 49.63 percent  
     
    Source text in Japanese: https://goo.gl/ZabJX6 
    Further company coverage: 8699.T  
 
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