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BRIEF-Fujitsu to sell stake in FUJITSU TEN LIMITED for 16.51 bln yen
April 28, 2017 / 3:29 AM / in 6 months

BRIEF-Fujitsu to sell stake in FUJITSU TEN LIMITED for 16.51 bln yen

April 28 (Reuters) - Fujitsu Ltd

* Says it will sell 1.9 million shares of unit FUJITSU TEN LIMITED. to DENSO Corporation , for 16.51 billion yen

* Says it will decrease voting power in FUJITSU TEN LIMITED. to 14 percent (644,000 shares) from 55 percent (2.5 million shares)

* Says transaction effective Oct. 2

Source text in Japanese:goo.gl/LNiaeQ

Further company coverage: (Beijing Headline News)

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