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5 months ago
BRIEF-Earth Chemical signs business and capital alliance with protoleaf and HYPONeX JAPAN
March 24, 2017 / 6:50 AM / 5 months ago

BRIEF-Earth Chemical signs business and capital alliance with protoleaf and HYPONeX JAPAN

March 24 (Reuters) - Earth Chemical Co Ltd:

* Says it has signed a business alliance with protoleaf Inc and HYPONeX JAPAN CORP LTD on Mar 24

* Through the business alliance, the three companies will work together on common marketing and sales of gardening products, as well as joint development of products

* Says it will purchase 153 common shares of protoleaf Inc for 267 million yen, on March 28

* Says it will hold 34.1 percent stakes in protoleaf Inc, up from 0, after the transaction

Source text in Japanese: goo.gl/OAY9Wt

Further company coverage:

Beijing Headline News

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