Brief: Nisshinbo Holdings unit to sell foundation brake business

Nisshinbo Holdings

30/08/2017 07:35

Aug 30 (Reuters) - Nisshinbo Holdings Inc  3105.T   
     
     
    * Says unit Nisshinbo Brake Inc will set up a split 
preparatory company on Sept. 25 and transfer foundation brake 
business related assets to the split preparatory company, 
effective Feb. 28, 2018   
    * Says unit will sell all shares of the split preparatory 
company to HOSEI BRAKE INDUSTRY CO.,LTD, with disclosed price, 
effective Feb. 28, 2018    
     
    Source text in Japanese:https://goo.gl/WGLQJN 
    Further company coverage: 3105.T  
 
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