Brief: Ping An Insurance's unit Ping An Life to invest in Tsumura's private placement

TSUMURA & CO.

22/09/2017 10:36

Sept 22 (Reuters) - Ping An Insurance Group Co of China Ltd 
 2318.HK  601318.SS  
    * Says it enters into a strategic cooperation agreement with 
Tsumura & Co  4540.T  
    * Says to invest 1.6 billion yuan  ($242.81 million) in 
Tsumura's share private placement 
    * Says unit Ping An Life will hold 10 percent stake in 
Tsumura after transaction, becoming Tsumura's largest 
shareholder 
 
 
    
    Further company coverage:  2318.HK  601318.SS  
 
($1 = 6.5895 Chinese yuan renminbi) 
 
 (Reporting by Hong Kong newsroom) 
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Reuters Messaging: chyenyee.lee.reuters.com@reuters.net))