Brief: Asahi Broadcasting plans transition to holding company structure

Asahi Broadcasting group

08/02/2017 06:27

Feb 8 (Reuters) - Asahi Broadcasting Corp  9405.T  : 
     
    * Says it plans to set up two wholly owned subsidiaries in 
Osaka, as the successor preparatory companies in early April  
    * Co will transfer its TV broadcasting business and radio  
broadcasting business to the two successor preparatory companies 
respectively, and restructure itself into certified broadcasting 
holding company, effective on April 1, 2018 
    * Co and two successor preparatory companies will be renamed 
accordingly effective on April 1, 2018 
 
    Source text in Japanese: https://goo.gl/7QWUnh 
    Further company coverage: 9405.T  
 
 (Beijing Headline News) 
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