March 19, 2018 / 8:12 AM / a month ago

BRIEF-Marujun to sell all shares of Gifu-based automobile unit

March 19(Reuters) - Marujun Co Ltd

* Says it plans to sell 100 percent stake in a Gifu-based automobile related unit, to two individuals and an automobile sales related firm Honda Cars Tokai, which is a consolidated subsidiary of VT Holdings Co Ltd

* Says the consolidated subsidiary of VT Holdings will hold 34 percent stake in the Gifu-based automobile related unit after the transaction

* Transaction date on March 30

Source text in Japanese:goo.gl/roLhgy

Further company coverage: (Beijing Headline News)

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