Brief: I-mobile to acquire 76.1 pct stake in TAGGY for 286 mln yen

I-mobile Co

24/10/2017 08:31

Oct 24 (Reuters) - I-mobile Co Ltd  6535.T   
     
    * Says it will acquire 76.1 percent stake in TAGGY,Inc. for 
286 million yen, via cash and private placement of treasury 
stock, effective Nov. 1  
    * Says it will distribute 25,095 shares of its treasury 
common stock, at the price of 1,266 yen per share (31.8 million 
yen in total) through private placement and payment date on Nov. 
30  
 
     
    Source text in Japanese:https://goo.gl/t3L7ub 
    Further company coverage: 6535.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111; 
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))