Brief: Nippon Avionics unit to sell lands and printed wiring board business

Oki Electric Industry

07/07/2016 07:57

July 7 (Reuters) - Nippon Avionics Co Ltd  6946.T :   
     
    * Says its Yamanashi-based unit, which is engaged in 
production of printed wiring board, will sell Yamanashi-located 
land to Central Japan Railway Co  9022.T  
    * Says the unit will get 7.39 billion yen as compensation 
    * Says the unit will sell the printed wiring board business 
to Oki Electric Industry Co Ltd  6703.T  and its two wholly 
owned units, effective March 31, 2018 
    * Says the selling price is not disclosed 
     
     
    Source text in Japanese:https://goo.gl/PbVfUE 
    Further company coverage: 6946.T  6703.T  9022.T  
 
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