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ORIX CORP to partial transfer STX Energy Shares to GS HOLDINGS CO.,LTD. and LG INTERNATIONAL CORPORATION


Thursday, 26 Dec 2013 07:00pm EST 

ORIX CORP:Says to transfer approximately 71.9 pct stake of its common shares in STX Energy Co., Ltd (STX Energy) to a consortium of GS HOLDINGS CO.,LTD. (GS) and LG INTERNATIONAL CORPORATION (LG).Says moving forward, ORIX will proceed with the required formalities in order to complete the share transfer.Says following the completion of the share transfer, ORIX will continue to hold a 25 pct equity stake in STX Energy. 

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78.79
-0.93 -1.17%
23 Jul 2014