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Yachiyo Industry updates sale of automobiles business to Honda Motor

Monday, 18 Dec 2017 

Dec 18 (Reuters) - Yachiyo Industry Co Ltd <7298.T> ::Says co plans to set up a new subsidiary as successor preparatory company on Dec. 18, and to divest and transfer automobiles business to it on March 1, 2018.Co will sell the successor preparatory company to Honda Motor <<<7267.T>>> after business transfer, at 6.8 billion yen, on April 2, 2018 . 

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