Tuesday, February 22, 2011

GreenBkk.com Tech | Sojitz: to bid for more Sakura Internet shares

Sojitz: to bid for more Sakura Internet shares

TOKYO

Feb 22 (Reuters) - Japan's Sojitz Corp (2768.T) said on Tuesday it would seek to raise its stake in Sakura Internet (3778.T) to 40 percent from 29 percent by offering to buy 4,764 shares at 230,000 yen each.

Sakura Internet provides Internet connection services and consulting services related to the Internet.

Credit: Reuters (www.reuters.com)

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