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BRIEF-Evolable Asia to acquire 85.7 pct stake in mag2
September 12, 2017 / 1:49 AM / 9 days ago

BRIEF-Evolable Asia to acquire 85.7 pct stake in mag2

Sept 12 (Reuters) - Evolable Asia Corp

* Says it will acquire 59.6 percent stake (65,574 shares) in mag2 Co., Ltd for 800 million yen, effective Sept. 29

* Says it will acquire 28,682 shares of mag2 Co., Ltd through stock swap on Oct. 6 and raise voting power in mag2 Co., Ltd to 85.7 percent from 59.6 percent

Source text in Japanese:goo.gl/Ge8rg7

Further company coverage: (Beijing Headline News)

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