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BRIEF- Hitachi to become top shareholder of Hitachi Maxell
March 22, 2017 / 3:11 AM / in 9 months

BRIEF- Hitachi to become top shareholder of Hitachi Maxell

March 22 (Reuters) - Hitachi Maxell Ltd

* Says Hitachi, Ltd. will become top shareholder of the co, holding 14.76 percent (7.8 million shares) voting power

* Says SMBC Nikko Securities Inc. will decrease voting power in Hitachi Maxell Ltd to 0.04 percent (18,800 shares), from 14.8 percent (7.8 million shares )

* Change effective on March 27

Source text in Japanese:goo.gl/5CVdXA

Further company coverage: (Beijing Headline News)

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