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BRIEF- Nifco to sell wholly owned unit The Japan Times to News2u
June 12, 2017 / 1:38 AM / 5 months ago

BRIEF- Nifco to sell wholly owned unit The Japan Times to News2u

June 12(Reuters) - Nifco Inc

* Says it plans to sell entire shares of a wholly owned unit The Japan Times Ltd, which is engaged in printing and sales of English-language newspaper, and sales of books, to a Tokyo-based company News2u, which is mainly engaged in group management policies’ decision

* Price undisclosed

* Transaction date in late June

Source text in Japanese:hsvp.com/4359

Further company coverage: (Beijing Headline News)

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