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STEEL PARTNERS BUYS 5.04% STAKE IN NISSHINBO INDUS: REPORT.

Publication: AsiaPulse News

Publication Date: 28-FEB-07
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COPYRIGHT 2007 Asia Pulse Pty Ltd

TOKYO, Feb 28 Asia Pulse - U.S. investment fund Steel Partners acquired a 5.04 per cent stake in Nisshinbo Industries Inc. (TSE:3105) as of Feb. 20, according to documents the fund submitted Tuesday to the Kanto Local Finance Bureau.

The investment is valued at around 8.3 billion yen (US$68.7...

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