Brief: Rakus plans business and capital alliance with R&AC

RAKUS

17/10/2016 07:45

Oct 17 (Reuters) - Rakus Co Ltd  3923.T  : 
     
    * Says it plans to form a business and capital alliance with 
R&AC Co Ltd on Oct. 21 
    * Says co will acquire 14.49 percent stake of shares (100 
shares) in R&AC via private placement plan offered by R&AC, at 
40 million yen, on Oct. 27 
     
    Source text in Japanese: https://goo.gl/F7IQ7q 
    Further company coverage: 3923.T  
 
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