Brief: Trust Tech to acquire 75 pct voting power in 1998 Holdings for about 2.61 bln yen to 3.25 bln yen

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15/11/2017 01:50

Nov 15(Reuters) - Trust Tech Inc  2154.T  
     
    * Says it plans to acquire 75 percent voting power in 
UK-based 
human resource service related company 1998 Holdings Limited for 
about 2.61 billion yen to 3.25 billion yen  
    * Transaction date on Dec. 1 
    * Says it will take out loans of 2 billion yen in total to 
fund 
the acquisition  
 
     
     
    Source text in Japanese:https://goo.gl/jCbCAs 
    Further company coverage: 2154.T  
 
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