Brief: KYB to fully acquire KYB-Mando do Brasil Fabricante de Autopeças S/A

KYB

29/01/2018 08:18

Jan 29 (Reuters) - KYB Corp  7242.T   
    
    * Says it plans to raise stake in KYB-Mando do Brasil 
Fabricante 
de Autopeças S/A (target firm) to 100 percent from 50 percent in 
late May, with transaction price of 50 million yen  
    * Says target firm is mainly engaged in manufacture and 
sales of 
snubber 
    * Says it will inject capital of 145 million Brazilian 
reais(about 
5.06 billion yen) into target firm in late May 
 
    Source text in Japanese: https://goo.gl/PEbvtY 
    Further company coverage: 7242.T  
 
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