Brief: ST to set up wholly owned unit as a step of business acquisition

ST

25/06/2018 07:26

June 25 (Reuters) - ST CORP  4951.T  :
      
    * Says it plans to set up a wholly owned subsidiary in
Tochigi,
engaging in manufacture and sale of pocket heater, on July 2, to
take over newly acquired business  
    * Says the new unit will start business since April 1, 2019

    
    Source text in Japanese: https://goo.gl/qH9PVF
    Further company coverage: 4951.T 

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