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10 months ago
BRIEF-Ashikaga Holdings announces shareholding structure changes
September 29, 2016 / 7:01 AM / 10 months ago

BRIEF-Ashikaga Holdings announces shareholding structure changes

1 Min Read

Sept 29 (Reuters) - Ashikaga Holdings Co Ltd :

* Says stake held by co's top shareholder, a Tokyo-based investment firm, will be diluted to 10.47 percent from 36.87 percent

* Says stake held by co's second major shareholder ORIX Corp, will be diluted to 3.40 percent from 12.00 percent, and ORIX will be the third major shareholder after transaction

* Says changes will occur on Oct. 1, as the result of full acquisition of Joyo Bank Ltd via stock swap

Source text in Japanese: goo.gl/zmBukF

Further company coverage: (Beijing Headline News)

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