Brief: Sumitomo Heavy Industries says acquisition of shares of Lafert S.p.A. and shareholding companies

Sumitomo Heavy Industries

25/05/2018 08:38

May 25(Reuters) - Sumitomo Heavy Industries Ltd  6302.T 
    
    * Says it will acquire 100 percent voting power in
Italy-based
electric motors and drives manufacturer Lafert S.p.A. and
Lafert's shareholding companies 9FIN S.r.l. and 3FIN S.r.l., for
21.98 billion yen in total 
    * Transaction date in late June 

    
    
    Source text in Japanese:https://goo.gl/Nx8MkR
    Further company coverage: 6302.T 

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