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BRIEF-Sawada Holdings to sell shares in H.S. Insurance for 1.03 bln yen
December 9, 2016 / 6:12 AM / 10 months ago

BRIEF-Sawada Holdings to sell shares in H.S. Insurance for 1.03 bln yen

Dec 9 (Reuters) - Sawada Holdings Co Ltd :

* Says it plans to sell 11,486 shares (35.63 percent stake)in H.S. Insurance Co Ltd, to H.I.S. Co Ltd for 1.03 billion yen on Dec. 30

* Says co’s stake in H.S. Insurance will be lowered to 14 percent from 49.63 percent

Source text in Japanese: goo.gl/ZabJX6

Further company coverage: (Beijing Headline News)

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