Brief: Ryobi updates business and shares transfer plan
31/10/2017 04:19
Oct 31(Reuters) - Ryobi Ltd 5851.T
* Says it plans to transfer power tool related business, all
shares of Ryobi Sales Co and 66.6 percent stake in Ryobi Dalian
Machinery Co Ltd to a new unit, which will be established by the
company on Jan. 5, 2018
* Says the new unit will transfer all shares to the company
and
the company will transfer 80 percent stake in the new unit to
KYOCERA Corporation 6971.T on Jan. 5, 2018
Source text in Japanese:https://goo.gl/QPgzSW
Further company coverage: 5851.T 6971.T
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