Brief: Village Vanguard to sell unit Titicaca Corp to NCXX Group Inc and Sequedge Investment Inc
01/07/2016 03:02
July 1 (Reuters) - Village Vanguard Co Ltd 2769.T :
* Says the company will sell its wholly owned unit Titicaca
Corp, an ethnic fashion company based in Kanagawa, to NCXX Group
Inc 6634.T and Sequedge Investment Inc.
* Says NCXX Group will pay 8.9 million yen for the company's
owned home loan in Titicaca Corp and 1,791 yen for 90 percent
stake in Titicaca Corp
* Says Sequedge Investment Inc. will pay 199 yen for 10
percent stake in Titicaca Corp
* Says transaction effective Aug. 1
Source text in Japanese:https://goo.gl/6CQQSH;
https://goo.gl/RleiIg
Further company coverage: 2769.T 6634.T
(Beijing Headline News)
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