April 17, 2018 / 6:59 AM / 8 months ago

BRIEF-Dear Life to sell stake in Palma for 586.4 mln yen

April 17 (Reuters) - Dear Life Co Ltd

* Says it will sell 160,000 shares of unit Palma Co Ltd to JAPAN POST CAPITAL Co.,Ltd., for 586.4 million yen in total, effective May 7

* Says it will decrease voting power in Palma Co Ltd to 43.3 percent from 61.1 percent

Source text in Japanese:bit.ly/2ESfqP6

Further company coverage: (Beijing Headline News)

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