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India

Akebono Brake Industry Co Ltd (7238.T)

7238.T on Tokyo Stock Exchange

298JPY
22 Jun 2018
Change (% chg)

¥-3 (-1.00%)
Prev Close
¥301
Open
¥294
Day's High
¥301
Day's Low
¥291
Volume
5,678,200
Avg. Vol
6,703,128
52-wk High
¥407
52-wk Low
¥210

Latest Key Developments (Source: Significant Developments)

Bosch Has Sold Entire 12.13 Pct Stake In Akebono Brake Industry - Nikkei
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - NIKKEI::BOSCH HAS SOLD ENTIRE 12.13 PERCENT STAKE IN AKEBONO BRAKE INDUSTRY - NIKKEI .AKEBONO BRAKE EXPECTS 250.6 BILLION YEN IN GROUP SALES FOR YEAR ENDING MARCH, OUT OF WHICH AROUND 1 BILLION YEN IS LIKELY TO COME FROM BOSCH- NIKKEI‍​.  Full Article

Akebono Brake Industry plans reorganization of three European units
Thursday, 16 Mar 2017 

Akebono Brake Industry Co Ltd <7238.T> : Says co's wholly owned Belgium-based controlling company Akebono Brake Europe N.V. (AENV) will transfer entire 100 percent stake in Akebono Europe S.A.S., Akebono Europe GmbH and Akebono Brake Slovakia s.r.o. (target firms) respectively, to the company . Transaction amount is totaling 9.5 million euros (about 1.16 billion yen) . Co will own 100 percent stake in target firms directly .And the unit AENV will commence on dissolution and liquidation after divestiture of target firms.  Full Article