Marubeni says to buy NEC Mobiling for $800 mln

TOKYO, April 26 Fri Apr 26, 2013 2:19am EDT

TOKYO, April 26 (Reuters) - Japanese trading company Marubeni Corp said on Friday its telecom unit will buy NEC Mobiling Ltd for 80 billion yen ($804 million), or 5,510 yen per share.

NEC Corp holds a 51 percent stake in NEC Mobiling, which runs a chain of mobile phone retail shops for NTT Docomo Inc.

($1 = 99.4900 Japanese yen) (Reporting by Dominic Lau; Editing by Shinichi Saoshiro)