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BRIEF-Sharp to acquire stake in Kantatsu for 1.01 bln yen
November 8, 2017 / 5:19 AM / in a month

BRIEF-Sharp to acquire stake in Kantatsu for 1.01 bln yen

Nov 8 (Reuters) - Sharp Corp

* Says it will acquire 35,732 shares of Kantatsu Co., Ltd., for 1.01 billion yen in total, via exercise of warrants

* Says it will raise voting power in Kantatsu Co., Ltd. to 53.5 percent from 44.3 percent after transaction

* Effective Jan. 1, 2018

Source text in Japanese:goo.gl/UxJ4jT

Further company coverage: (Beijing Headline News)

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