July 27, 2017 / 7:23 AM / 2 years ago

BRIEF- Alps Electric to fully acquire Alpine Electronics through stock swap

July 27(Reuters) - Alps Electric Co Ltd

* Says it will fully acquire Alpine Electronics Inc through stock swap, effective Jan. 1, 2019

* Says it will transfer rights and obligations (except group management business and asset management business) to a splitting preparation company and it will restructure the company into a holding company, effective April 1, 2019

* Says Alpine Electronics Inc will be delisted from Tokyo Stock Exchange first section, effective Dec. 26, 2018

Source text in Japanese:goo.gl/XSmLmY

Further company coverage: (Beijing Headline News)

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