Brief: Laox units to takeover businesses for totally 770 mln yen

Laox Holdings Co

19/08/2016 10:59

Aug 19 (Reuters) - Laox Co Ltd  8202.T : 
     
    * Says its unit MODE ET JACOMO to takeover business of 
planning and wholesale of women's shoes from SHIN-EI 
Corporation, for 380 million yen 
    * Says its another Tokyo-based unit to takeover business of 
manufacturing and sales of footwear from SHIKO GROUP, for 390 
million yen 
    * Says transactions will effective on Aug. 31 
     
    Source text in Japanese: https://goo.gl/FwEOgR 
    Further company Coverage:  8202.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: qiujing.li.thomsonreuters.com@reuters.net))