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Daiyu LIC Holdings says business and capital alliance with Valor Holdings


Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Daiyu LIC Holdings Co Ltd <3546.T>:Says the company forms business and capital alliance with Valor Holdings Co Ltd <<<9956.T>>>.Says two entities will cooperate on integration of home-center business, product development and stores operation .Says the company will fully acquire Gifu-based unit of Valor Holdings Co Ltd <<<9956.T>>> through stock swap, effective April 1, 2019 .One share of unit of Valor Holdings Co Ltd's stock will be exchanged with 7,488.557 shares of the company .15 million shares of the company's stock will be exchanged . 

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