October 18, 2016 / 6:16 AM / 10 months ago

BRIEF-Zensho Holdings to raise stake in food supermarket firm to 97.1 pct from 0 pct

Oct 18 (Reuters) - Zensho Holdings Co Ltd :

* Says it plans to raise stake in Gunma-based firm, which is engaged in food supermarket and delicatessen business, to 97.1 percent from 0 percent

* Says the stake acquisition price is 12.43 billion yen

* Says the acquisition effective on Nov. 21

Source text in Japanese:goo.gl/WkqpGQ

Further company coverage: (Beijing Headline News)

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