Brief: Shin Pro Maint plans business and capital alliance with Nomura; announces transition to holding company structure
16/02/2017 06:50
Feb 16 (Reuters) - Shin Pro Maint Inc 6086.T :
* Says co plans to form a business and capital alliance with
Nomura Co ltd 9716.T
* Says Shin Pro Maint plans to wholly acquire Nomura's
wholly owned unit TESCO Co Ltd via stock swap, effective on
Sept. 1
* Shin Pro Maint and Nomura are also planning establishment
of JV
* Shin Pro Maint plans to restructure itself into holding
company, effective Sept. 1
Source text in Japanese: https://goo.gl/QLufdT ;
https://goo.gl/x7rHM1
Further company coverage: 9716.T 6086.T
(Beijing Headline News)
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