Brief: Astmax forms capital and business alliance with Yahoo Japan
08/08/2016 07:19
Aug 8 (Reuters) - Astmax Co Ltd 7162.T :
* Says it forms a business and capital alliance with Yahoo
Japan Corp 4689.T on Aug. 8
* Says the co plans to sell 23,757 shares (33.4 percent
stake) in co's unit Astmax Asset Management Inc (ASTAM) to Yahoo
Japan, for about 1.7 billion yen, on Oct. 3
* Says 50.1 percent stake in ASTAM will be sold to Yahoo
Japan as the second step
Source text in Japanese: https://goo.gl/SsClls
Further company coverage: 7162.T 4689.T
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724;
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))