February 8, 2017 / 6:32 AM / in 6 months

BRIEF-Asahi Broadcasting plans transition to holding company structure

1 Min Read

Feb 8 (Reuters) - Asahi Broadcasting Corp :

* Says it plans to set up two wholly owned subsidiaries in Osaka, as the successor preparatory companies in early April

* Co will transfer its TV broadcasting business and radio broadcasting business to the two successor preparatory companies respectively, and restructure itself into certified broadcasting holding company, effective on April 1, 2018

* Co and two successor preparatory companies will be renamed accordingly effective on April 1, 2018

Source text in Japanese: goo.gl/7QWUnh

Further company coverage: (Beijing Headline News)

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