Brief: Noda and unit to fully acquire PT.SURA INDAH WOOD INDUSTRIES

Noda

05/01/2018 06:41

Jan 5 (Reuters) - Noda Corp  7879.T   
    
    * Says co and co's Shizuoka-based wholly owned unit plan to 
fully 
acquire Indonesia-based firm PT.SURA INDAH WOOD INDUSTRIES 
(target firm) in late March, at the price of 90 billion rupiah  
    * Says co is holding 49.6 percent stake in target firm  
    * Says co and unit will hold a 99 percent stake and a 1 
percent 
stake in target firm respectively after transaction 
 
    Source text in Japanese: https://goo.gl/RGyKMy 
    Further company coverage: 7879.T  
 
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