Brief: Kyoei Steel to buy 33.2 mln shares of Vietnam Italy Steel Joint Stock for about 5.4 bln yen

Kyoei Steel

16/04/2018 05:22

April 16(Reuters) - Kyoei Steel Ltd  5440.T 
    
    * Says it plans to acquire 33.2 million shares of Vietnam
Italy
Steel Joint Stock Company, for about 5.4 billion yen in total
    * Says it will increase voting power in Vietnam Italy Steel
Joint
Stock to 65 percent from 20 percent
    * Says acquisition will be completed on May 14

    
    
    Source text in Japanese:https://goo.gl/pvMkcM
    Further company coverage: 5440.T 

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