Brief: Kyoei Steel to acquire 14.8 mln shares of Vietnam Italy Steel Joint Stock Company for about 1.9 bln yen

Kyoei Steel

06/11/2017 02:24

Nov 6 (Reuters) - Kyoei Steel Ltd  5440.T  
    
    * Says co plans to acquire 14.8 million shares (about 20 
percent 
stake) of Vietnam Italy Steel Joint Stock Company, which is a 
raw material supplier of co's Vietnam base Kyoei Steel Vietnam 
Company Limited, from Thai Hung Trading Joint Stock Company on 
Nov. 7 
    * Says acquisition price is about 1.9 billion yen  
 
    Source text in Japanese: https://goo.gl/FhTPtB 
    Further company coverage: 5440.T  
 
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