Brief: Okasan Securities Group to fully acquire unit Okasan Online Securities via stock swap

OKASAN SECURITIES

14/02/2017 06:29

Feb 14 (Reuters) - Okasan Securities Group Inc  8609.T  : 
     
    * Says it plans to fully acquire 97.34-percent-owned unit 
Okasan Online Securities Co Ltd via stock swap, effective on 
April 1 
    * Says one share of Okasan Online Securities' stock will be 
exchanged with 7.35 shares of co's stock 
    * 88,200 shares of co's stock will be exchanged 
    * Okasan Online Securities will be the wholly owned 
subsidiary of co after transaction  
     
    Source text in Japanese: https://goo.gl/W6S0LX 
    Further company coverage: 8609.T  
 
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