Brief: WEDS to raise stake in Logics to 51 pct

Weds Co

21/12/2017 08:19

Dec 21 (Reuters) - WEDS Co Ltd  7551.T  : 
       
    * Says it plans to buy 34,000 shares in a Aichi-based firm 
Logics 
Co Ltd which is mainly engaged in warehousing business, at 241.9 
million yen 
    * Co will own 51 percent stake in Logics, raising from 34 
percent 
currently 
 
     
    Source text in Japanese: https://goo.gl/AfbvTM 
    Further company coverage: 7551.T  
 
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