Brief: NGK Spark Plug and Brazil unit reach settlement with Administrative Council for Economic Defense of Brazil
10/11/2016 01:54
Nov 10 (Reuters) - NGK Spark Plug Co Ltd 5334.T :
* Says the co and its Brazil-based unit Cerâmica e Velas de
Ignição NGK do Brasil Ltda have reached settlement with the
Administrative Council for Economic Defense of Brazil, and
agreed to pay about 25 million Brazilian real(about 800 million
yen) as settlement
* Says the co and its unit have been surveyed by the
Administrative Council for Economic Defense of Brazil on the
suspicion of breaking the competition laws of Brazil
Source text in Japanese:https://goo.gl/R6YMiY
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