Bloomberg News

SBI Holdings Sells Homeostyle Unit for 2.3 Billion Yen of Assets

November 25, 2011

Nov. 25 (Bloomberg) -- SBI Holdings Inc. sold its Homeostyle Inc. unit for about 2.3 billion yen, according to a statement from the company to the Hong Kong stock exchange.

The sale will be settled in assets and SBI will receive no cash for the sale, the statement said.

Link to Statement:{NSN LV7NE63PR6RK <GO>}

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net


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