Brief: Morinaga & Co, Morinaga Milk Industry to integrate around April 2018 - Nikkei
23/02/2017 17:04
Feb 23 (Reuters) -
* Morinaga & Co. , Morinaga Milk Industry to integrate
around April 2018 to bolster research and development
operations,share sales channels abroad - Nikkei
* Based on guidance for year ending March 31, sales of the
combined entity would total around 785 billion yen ($6.97
billion) - Nikkei
* Morinaga & Co , Morinaga Milk Industry are expected to
move under a new holding company - Nikkei
* Morinaga Milk President Michio Miyahara is eyed as
chairman of holding co, Toru Arai is likely to become president-
Nikkei
Source text - http://s.nikkei.com/2mbXxWT
((Bangalore.newsroom@thomsonreuters.com ;))