Brief: Three F to sell part of convenience store business to Lawson via corporate split

Three F

04/08/2016 08:29

Aug 4 (Reuters) - Three F Co Ltd  7544.T : 
     
    * Says it plans to sell part of rights and obligations in 
100 convenience stores to Lawson Inc  2651.T  for 3.36 billion 
yen in total on Sep. 7 
    * Says it plans to set up wholly owned unit in Yokohama to 
take over part of rights and obligations in 87 convenience 
stores on Sep. 7 
    * Says it plans to sell 30 percent stake in the 
Yokohama-based unit to Lawson Inc after the establishment 
     
     
    Source text in Japanese:https://goo.gl/3ZUMzw; 
https://goo.gl/uXiJjE; https://goo.gl/cRWp8w; 
https://goo.gl/0CZKUk 
    Further company coverage: 2651.T  7544.T  
 
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