January 29, 2018 / 8:21 AM / 8 months ago

BRIEF-KYB to fully acquire KYB-Mando do Brasil Fabricante de Autopeças S/A

Jan 29 (Reuters) - KYB Corp

* Says it plans to raise stake in KYB-Mando do Brasil Fabricante de Autopeças S/A (target firm) to 100 percent from 50 percent in late May, with transaction price of 50 million yen

* Says target firm is mainly engaged in manufacture and sales of snubber

* Says it will inject capital of 145 million Brazilian reais(about 5.06 billion yen) into target firm in late May

Source text in Japanese: goo.gl/PEbvtY

Further company coverage: (Beijing Headline News)

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