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7554 — Kourakuen News Story

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Brief: Kourakuen Holdings unit to sell insurance agent related business for 155 mln yen

July 27 (Reuters) - Kourakuen Holdings Corp  7554.T  
    
    * Says its insurance unit will sell insurance agent related
business to Hulic Insurance Service Co., Ltd., for about 155
million yen, effective Nov. 30  
    * Says it will merge with the insurance unit, effective Dec.
1 
    * Says the insurance unit will be dissolved after merger 

    
    Source text in Japanese:https://goo.gl/KJoLi4
    Further company coverage: 7554.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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