Brief: Sumitomo Realty to launch tender offer for Sumitomo Real Estate Sales

Sumitomo Realty & Development Co

17/03/2017 06:04

March 17 (Reuters) - Sumitomo Realty & Development  8830.T : 
    * Says to launch tender offer for Sumitomo Real Estate Sales 
 8870.T  at 3,600 yen per share, expects to spend 61 billion yen 
($538 million) 
 
Further company coverage:  8830.T  
 
($1 = 113.3500 yen) 
 
 (Reporting By Chris Gallagher) 
 ((chris.gallagher@thomsonreuters.com;))