Brief: Tsumura says business and capital alliance with PING AN INSURANCE (GROUP) COMPANY OF CHINA

TSUMURA & CO.

22/09/2017 09:36

Sept 22 (Reuters) - Tsumura & Co  4540.T   
     
     
    * Says it signed business and capital alliance agreement 
with PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD on Sept. 22 
    * Says two entities will mainly cooperate on crude drug 
supply system, traditional Chinese medicine and health foods 
related field through establishment of JV 
    * Says unit of PING AN INSURANCE (GROUP) COMPANY OF CHINA 
will acquire 7.7 million shares of the co, at the price of 
3,559.5 yen per share, and payment date on Oct. 13  
     
    Source text in Japanese:https://goo.gl/qUYm1Q 
    Further company coverage: 4540.T  
 
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