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BRIEF- Bandai Namco Holdings unit to establish joint venture with Drecom
May 19, 2017 / 6:22 AM / 5 months ago

BRIEF- Bandai Namco Holdings unit to establish joint venture with Drecom

May 19(Reuters) - Bandai Namco Holdings Inc

* Says its unit BANDAI NAMCO Entertainment Inc. plans to establish a joint venture in Tokyo with Drecom Co Ltd , on Aug. 3

* Says this joint venture will be mainly engaged in development and operation of platform, and will be capitalized at 247.5 million yen

* Says BANDAI NAMCO Entertainment and Drecom will hold a 51 percent stake and a 49 percent stake in the joint venture respectively

Source text in Japanese:goo.gl/Rpezqu

Further company coverage: (Beijing Headline News)

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