December 4, 2017 / 6:58 AM / 12 days ago

BRIEF-NuFlare Technology and Shibaura Mechatronics plan capital and business alliance

Dec 4 (Reuters) - NuFlare Technology Inc :

* Says NuFlare Technology Inc and Shibaura Mechatronics Corp formed a capital and business alliance on Dec. 4

* Two entities will cooperate in area of semiconductor manufacturing equipment

* NuFlare Technology planed to buy up to 1.6 million shares (3.08 percent stake) of co from Toshiba Corp

* And NuFlare Technology will then buy shares from stock market, aiming to add stake in co to up to 5 percent (2.6 million shares)

* Says shares will be transferred during the period from Dec. 20 to Dec. 25

Source text in Japanese: goo.gl/Cwvmmm ; goo.gl/tcHW1Q ; goo.gl/2bTxKQ

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below