May 15, 2017 / 7:54 AM / 4 months ago

BRIEF-Nisshinbo Holdings to wholly own Japan Radio via stock swap

May 15 (Reuters) - Nisshinbo Holdings Inc :

* Says co enters into agreement to fully acquire Japan Radio Co Ltd via stock swap, effective on Oct. 2

* One share of Japan Radio’s stock will be exchanged with 1.28 shares of Nisshinbo Holdings Inc’s stock

* 15.9 million shares of co’s stock will be exchanged

* Japan Radio’s stock will be delisted from Tokyo Stock Exchange effective on Sept. 27

Source text in Japanese: goo.gl/C6acJ6

Further company coverage: (Beijing Headline News)

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