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Netyear Group Corp to Acquire Equity Shares of Nihon Gigei, Inc.


Friday, 16 Aug 2013 03:00am EDT 

Netyear Group Corp announced that it has decided to acquire 18,400 shares (a 51.01% stake) of Nihon Gigei, Inc.'s common stock, for JPY 315 million in total, from the current shareholders of Nihon Gigei, Inc., effective August 23, 2013. After this, the Company's stake in Nihon Gigei, Inc. will be increased from 0% to 51.01%. 

Company Quote

1687.0
107.0 +6.77%
2:00am EDT