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Japan’s Tepco in talks to sell information centre section to Secom: Nikkei

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TOKYO |
Tue Sep 18, 2012 12:23am BST

TOKYO (Reuters) – Tokyo Electric Power Co (Tepco) (9501.T) is in late-stage talks to sell a infancy interest in a information centre business for around 50 billion yen ($634 million) to Secom Co (9735.T), Japan’s largest confidence firm, a Nikkei business daily reported on Tuesday.

Tepco owns about 80 percent of At Tokyo, a auxiliary that runs a series of information centers around Tokyo, and is looking to keep around a 30 percent share of a association in a understanding that is approaching to be finished this month, a journal said.

($1 = 78.8150 Japanese yen)

(Reporting by James Topham and Antoni Slodkowski; Editing by John Mair)

Article source: http://uk.reuters.com/article/2012/09/17/us-tokyoelectric-secom-datacentre-idUKBRE88G1HH20120917


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