Brief: Daiichi Kasei to fully acquire Ultrafabrics LLC

Ultrafabrics Holdings Co

22/11/2016 07:19

Nov 22 (Reuters) - Daiichi Kasei Co Ltd  4235.T  : 
     
    * Says it plans to buy 84.21 percent stake in the US-babsed 
artificial leather sale firm, Ultrafabrics LLC, at $126 
million(excluding advisory expenses of 100 million yen), in 
mid-Feb 
    * Co will hold 100 percent stake in Ultrafabrics LLC up from 
15.79 percent (held indirectly) after transaction 
     
    Source text in Japanese: https://goo.gl/7Rk1PD 
    Further company coverage: 4235.T  
 
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