Japan's Lixil plotting MBO, moving HQ to Singapore -Nikkei Business
20/01/2019 23:27
TOKYO, Jan 21 (Reuters) - Japan's Lixil Group Corp 5938.T
is looking to delist its shares from Japan through a management
buyout (MBO) and move its headquarters to Singapore, Nikkei
Business reported on Monday, without citing sources.
The Tokyo Stock Exchange suspended trading in Lixil's shares
pending a statement from the company, which makes housing
products such as toilets and windows.
(Reporting by Chang-Ran Kim; Editing by Stephen Coates)
((ran.kim@thomsonreuters.com; +81-3-6441-1804; Reuters
Messaging: ran.kim.reuters.com@reuters.net))