February 1, 2017 / 8:53 AM / 3 years ago

BRIEF-Komatsu Seiren to fully buy fiber materials firm via cash, stock swap

Feb 1 (Reuters) - Komatsu Seiren Co Ltd :

* Says the co plans to buy 100 percent stake in Tochigi-based fiber materials firm

* Says the co will pay cash for 118 shares and to acquire the other 82 shares via stock swap

* Says one share of the fiber materials firm will be exchanged into 1,700 shares of the co

* Says the acquisition to be completed on March 1

Source text in Japanese:goo.gl/dxfs70

Further company coverage: (Beijing Headline News)

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