Shibusawa Warehouse plans freight forwarding JV with DyDo Group Holdings' unit

Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Shibusawa WarehouseCo Ltd <9304.T> ::Says it plans to set up a joint venture, which will be mainly engaged in freight forwarding transportation business, with DyDo Group Holdings Inc <<<2590.T>>> 's wholly owned unit DyDo Drinko, on June 1, 2018.JV will be capitalized at 25 million yen, and co and DyDo Group Holdings' unit will own a 51 percent stake and a 49 percent stake respectively . 

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