March 26, 2018 / 6:34 AM / a month ago

BRIEF-Laox to buy SHADDY for 2 bln yen

March 26 (Reuters) - Laox Co Ltd

* Says it will acquire 100 percent stake in Tokyo-based investment firm, L Capital TOKYO

* Says it will acquire 100 percent stake in SHADDY CO.,LTD., via L Capital TOKYO, for 2 billion yen in total, effective April 27

Source text in Japanese:goo.gl/NXZnna

Further company coverage: (Beijing Headline News)

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