Brief: Kakaku.com says business and capital alliance and shareholding structure change

Kakaku.com

02/08/2018 07:53

Aug 2(Reuters) - Kakaku.com Inc  2371.T 
    
    * Says it signs business and capital alliance contract with
KDDI
Corp  9433.T , on Aug. 2, mainly regarding internet advertising
and digital marketing business promotion, business expansion and
new business related cooperation 
    * Says its second biggest shareholder Dentsu Inc  4324.T 
will
sell entire 35 million shares (16.6 percent stake) of the
company to KDDI, for 79.31 billion yen in total(2,264.87 yen per
share), and the transaction will be completed on Aug. 8
    * Says KDDI will increase voting power in the company to
16.69
percent and will become the second biggest shareholder of the
company
    * Effective Aug. 8

    
    Source text in Japanese:https://goo.gl/XkYNKi ;
https://goo.gl/D7VTVq ; https://goo.gl/rxjnQW
    Further company coverage: 2371.T  9433.T  4324.T 

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