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KDDI CORP to Sell Shares of Subsidiary


Tuesday, 19 Nov 2013 01:00am EST 

KDDI CORP announced that it will sell 650,000 shares (100% stake) of its wholly owned subsidiary, JAPAN CABLE NET LIMITED, which engages in the cable television broadcasting and telecommunications business, to Jupiter Telecommunications Co., Ltd., in which the Company holds a 50% stake, for JPY 105,000 million in total, effective December 2, 2013. 

Company Quote

6410.0
249.0 +4.04%
20 Oct 2014