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BRIEF- FUJITSU to cut voting power in Fuji Electric to 2.9 pct
September 25, 2017 / 6:56 AM / 3 months ago

BRIEF- FUJITSU to cut voting power in Fuji Electric to 2.9 pct

Sept 25(Reuters) - Fuji Electric Co Ltd

* Says FUJITSU LIMITED, which is current top shareholder of the company, will sell 54 million shares of the company to SMBC Nikko Securities Inc., on Sept. 26

* Says FUJITSU will cut voting power in the company to 2.9 percent from 10.4 percent and will become the fourth biggest shareholder of the company

* Effective Sept. 29

Source text in Japanese:goo.gl/gRLk2Z

Further company coverage: (Beijing Headline News)

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