Brief: Sumitomo Rubber Industries to set up JV in Japan with unit
28/12/2016 03:06
Dec 28 (Reuters) - Sumitomo Rubber Industries Ltd 5110.T :
* Says it to set up a JV in Japan with unit Dunlop Sports Co
Ltd in the first half year of 2017, for management of DUNLOP
trademark right and DUNLOP brand sporting goods business
as well as licensing business
* Says the JV to be capitalized at 6 billion yen and the co
to hold 66.7 percent stake in it
Source text in Japanese: https://goo.gl/JXFZ4c
Further company Coverage: 5110.T
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