July 28 (Reuters) - Nitta Corp 5186.T
* Says unit of Toyo Tire & Rubber Co Ltd 5105.T will set
up a new unit, which will take over chemical production related
business from Toyo Tire & Rubber Co Ltd
* Says it will acquire all shares of newly established unit
of Toyo Tire & Rubber Co Ltd for about 3.7 billion yen,
effective Dec. 27
Source text in Japanese:https://goo.gl/Zf2bfN
Further company coverage: 5186.T 5105.T
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