Brief: West Japan Railway forms business and capital alliance with Nippon Signal

West Japan Railway

30/08/2016 08:20

Aug 30 (Reuters) - West Japan Railway Co  9021.T  : 
     
    * Says the co signed a capital and business alliance 
agreement with Nippon Signal Co Ltd  6741.T  on Aug. 30 
    * The co plans to acquire 2.1 million shares (equivalent to 
3.0 percent of total outstanding shares) in Nippon Signal 
    * Nippon Signal plans to buy 49.0 percent stake in Tetsuden 
Co Ltd which is the subsidiary of the co's 
     
    Source text in Japanese: https://goo.gl/8b7BaP 
    Further company coverage: 9021.T  6741.T  
 
 (Beijing Headline News) 
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