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BRIEF-Nagatanien Holdings to take out $130 mln worth loan for full acquisition of Broomco (3554) Limited
December 2, 2016 / 6:25 AM / 10 months ago

BRIEF-Nagatanien Holdings to take out $130 mln worth loan for full acquisition of Broomco (3554) Limited

Dec 2 (Reuters) - Nagatanien Holdings Co Ltd :

* Says it will use $130 million to buy 100 percent stake in the United Kingdom-based holding firm Broomco (3554) Limited

* Says it will take out $130 million worth loan for the acquisition

* Says the co plans to sell 40 percent stake in Broomco (3554) Limited to Innovation Network Corporation of Japan after the acquisition

Source text in Japanese:goo.gl/Wi6GFR

Further company coverage: (Beijing Headline News)

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