Brief: Iwasaki Electric firms business and capital alliance with Minebea
29/09/2016 04:41
Sept 29 (Reuters) - Iwasaki Electric Co Ltd 6924.T :
* Says Iwasaki Electric firms business and capital alliance
with Minebea Co Ltd 6479.T on Sept. 29
* Two entities will cooperate on production contracting and
joint development of road lighting equipments
* Iwasaki Electric plans to distribute 3 million shares
(3.83 percent stake) of its treasury common stock at via private
placement to Minebea, at 423 million yen in total, on Oct. 17
Source text in Japanese: https://goo.gl/kn9d7S
Further company coverage: 6924.T 6479.T
(Beijing Headline News)
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