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7630 — ICHIBANYA News Story

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Brief: Ichibanya to buy four curry restaurant operation firms in China mainland and Taiwan

Sept 26 (Reuters) - Ichibanya Co Ltd    7630.T : 
     
     
    * Says it plans to fully buy three China mainland-based 
firms, which are engaged in operation of curry restaurants at 
local, from China mainland-based investment unit of House Foods 
Group Corp  2810.T  
    * Says the acquisition price for the three firms is $6.2 
million in total  
    * Says it plans to raise stake in Taiwan-based curry 
restaurant operation firm to 80 percent from 20 percent under 
the transaction with House Foods Group Corp 
    * Says the acquisition price for 60 percent stake in 
Taiwan-based firm is T$181.9 million 
    * Says the acquisition to be completed in December  
     
     
    Source text in Japanese:https://goo.gl/eGd0iP 
    Further company coverage: 7630.T  2810.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724; 
Reuters Messaging: jun.cao.reuters.com@reuters.net))

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