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As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay
July 10 (Reuters) - Nagatanien Holdings Co Ltd <2899.T>:* Says it will fully acquire FUJIWARA SEIMEN Co.,Ltd. through stock swap, effective on Aug. 9 .* One share of FUJIWARA SEIMEN Co.,Ltd's stock will be exchanged with 1.08 shares of the co.* Says 42,379 shares of the co's stock will be exchanged.
Nagatanien Holdings Co Ltd <2899.T>: Says the co scraped the JV establishment plan in China mainland .Says previous plan disclosed on July 15, 2016.
Nagatanien Holdings Co Ltd <2899.T>: Says it will use $130 million to buy 100 percent stake in the United Kingdom-based holding firm Broomco (3554) Limited . Says it will take out $130 million worth loan for the acquisition .Says the co plans to sell 40 percent stake in Broomco (3554) Limited to Innovation Network Corporation of Japan after the acquisition.
Nagatanien Holdings Co Ltd <2899.T> : Says it plans to set up a joint venture (JV) in Jiangsu, China, in Nov., and to hold a 60 percent stake in it .JV to be mainly engaged in manufacture and sale of noodles and soup products.
NAGATANIEN CO LTD:To change company name to NAGATANIEN HOLDINGS CO.,LTD.Effective Oct. 1.
NAGATANIEN CO LTD:Says to set up a wholly owned subsidiary in Tokyo planned on April 21.And new subsidiary to takeover manufacturing and sales of grocery business of the company planned on Oct. 1, for the company's transition to holding company structure.
NAGATANIEN CO LTD:To restructure the company into a holding company, effective Oct. 1.Says other details remain to be decided later.
NAGATANIEN CO LTD:Says the company reaffirmed the consolidated full-year outlook for revenue at 78,500 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 3,250 yen from 4,250 million yen.Sees a decrease of ordinary profit forecast to 3,500 million yen from 4,300 million yen.Sees a decrease of net profit forecast to 2,050 yen from 2,600 million yen.Sees a decrease of earnings per share to 57 yen from 72.09 yen.Comments the raw material price increase, exchange rate change and sales and general administrative expenses are the main reasons for the forecast.
NAGATANIEN CO LTD:Says to take out a loan of 9,000 million yen from The Bank of Tokyo-Mitsubishi UFJ Ltd on Nov. 27, 2013.Says maturity date on Mar. 31.Says the proceeds were used to acquire a company as announced on Oct. 22, 2013.
NAGATANIEN CO LTD:Says completed the acquisition of 10,920 shares of an Osaka-based company, which mainly engages in the production and sale of confectionery, for 9,440 million yen in total on Nov.28.Says the company now holds a 100 pct stake in the Osaka-based company.
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