September 27, 2017 / 7:43 AM / 2 months ago

BRIEF-Nippon Rad to sell all 86.6 pct stake in ARENA-FX for 129.9 mln yen

Sept 27 (Reuters) - Nippon Rad Inc

* Says it plans to sell all 86.6 percent stake (3,820 shares)in unit ARENA-FX Co., Ltd. to Excite Japan Co., Ltd on Sept. 28, for 129.9 million yen

* Says ARENA-FX is mainly engaged in foreign exchange related business

Source text in Japanese: goo.gl/yKMZ51

Further company coverage: (Beijing Headline News)

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