Brief: Mitsubishi Nichiyu Forklift plans full acquisition of UniCarriers Corp

Mitsubishi Logisnext Co

29/09/2016 07:31

Sept 29 (Reuters) - Mitsubishi Nichiyu Forklift Co Ltd 
 7105.T  : 
     
    * Says co, which is the unit of Mitsubishi Heavy Industries 
Ltd  7011.T , plans to buy 65 percent stake of shares(245,375 
shares) in UniCarriers Corp, from Mitsubishi Heavy Industries' 
wholly owned unit Mitsubishi Heavy Industries Forklift & Engine 
Turbocharger Holdings Ltd 
    * Says transaction amount is 76.81 billion yen and effective 
date on Jan. 1, 2017 
    * Co will hold a 100 percent stake in UniCarriers Corp after 
transaction up from 35 percent 
     
    Source text in Japanese: https://goo.gl/EasMhx 
    Further company coverage: 7105.T  
 
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