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BRIEF-Aval Data to sell stake in unit AVAL NAGASAKI to Tokyo Electron Device for 1.06 bln yen
May 16, 2017 / 6:51 AM / 6 months ago

BRIEF-Aval Data to sell stake in unit AVAL NAGASAKI to Tokyo Electron Device for 1.06 bln yen

May 16 (Reuters) - Aval Data Corp

* Says it will sell 133,000 shares of unit AVAL NAGASAKI CORPORATION. to Tokyo Electron Device LTD. for 1.06 billion yen

* Says it will decrease voting power in AVAL NAGASAKI CORPORATION. to 18.7 percent (44,000 shares) from 75.3 percent (177,000 shares)

* Says transaction effective July 1

Source text in Japanese:goo.gl/MmHPrp

Further company coverage: (Beijing Headline News)

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