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Nippon Conveyor Co Ltd to Acquire Career Staff Network Co.,Ltd. through Stock Swap; to Form Business and Capital Alliance with TCS HOLDINGS CO.,LTD.


Thursday, 28 Mar 2013 03:00am EDT 

Nippon Conveyor Co Ltd announced that it has decided to fully acquire Career Staff Network Co.,Ltd through stock swap, effective August 2013. The Company has also decided to form a business and capital alliance with TCS HOLDINGS CO.,LTD. The Company will start dispatching business and software development business after the acquisition of Career Staff Network Co.,Ltd. The Company and TCS HOLDINGS CO.,LTD. will collaborate in new business like human resources and education business. TCS HOLDINGS CO.,LTD. and other 25 companies is jointly holding a 15.17% stake in the Company. The joint holder will increase the stake in the Company to a 24.90% stake. 

Company Quote

177.0
-2.0 -1.12%
9:16pm EDT