Brief: Traders Holdings unit to sell stake in food freshness maintaining unit in exchange for stake in MARS Company

Traders Holdings

13/09/2016 07:46

Sept 13 (Reuters) - Traders Holdings Co Ltd  8704.T :   
     
     
    * Says its unit plans to sell entire stake in Gunma-based 
unit, which is engaged in food freshness maintaining business, 
for 5 million yen to the MARS Company's pepresentative director 
on Sep. 13 
    * Says the pepresentative director will sell 5 million yen 
worth stake in MARS Company(no more than 20 percent) to the co's 
unit 
    * Says the Gunma-based unit is a JV set up by the co's unit 
and MARS Company in February, 2015 
     
     
    Source text in Japanese:https://goo.gl/pZGXmm 
    Further company coverage: 8704.T  
 
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