Brief: Toyo Tire & Rubber Co Ltd Says To Issue New Shares To Mitsubishi Corp For About 50 Bln Yen

Toyo Tire

01/11/2018 06:16

Nov 1 (Reuters) - Toyo Tire & Rubber Co Ltd  5105.T :
    * TOYO TIRE & RUBBER CO LTD SAYS TO ENTER CAPITAL, BUSINESS
ALLIANCE WITH MITSUBISHI CORP
    * TOYO TIRE & RUBBER CO LTD SAYS TO ISSUE 26.9 MILLION NEW
SHARES
TO MITSUBISHI CORP, TOTAL PROCEEDS ABOUT 50 BILLION YEN
    * TOYO TIRE & RUBBER SAYS MITSUBISHI CORP'S STAKE IN IT TO
RISE TO
20 PERCENT FROM 3.05 PERCENT

Source text for Eikon:  ID:nTSWA68885 
Further company coverage:  5105.T