Brief: Kohnan Shoji says business and capital alliance with HOME IMPROVEMENT HIROSE

Kohnan Shoji Co

27/04/2018 07:13

April 27 (Reuters) - Kohnan Shoji Co Ltd  7516.T  
   
    * Says co signs business and capital alliance agreement with
HOME
IMPROVEMENT HIROSE on April 27
    * Through capital alliance, co will acquire 775,000 shares
of HOME
IMPROVEMENT HIROSE on May 17 and hold 10 percent stake in it
    * Acquisition price is undisclosed 
    * Through business alliance, co and HOME IMPROVEMENT HIROSE
will
mainly cooperate on development and procurement of products

    Source text in Japanese: https://goo.gl/YHrNV8
    Further company coverage: 7516.T 

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