CORRECTED - LIFETIME<LFT> TO BUY NIPPON LACE SAHRES
Lifetime Corp said it agreed to buy
five mln shares or 16 pct of <Nippon Lace Co Ltd> for 3.28 dlrs
a share, or 16.5 mln dlrs.
    It said it plans to enter the health care business in
Japan.
    In addition, it said <Koba Electronics Co Ltd>, an
affiliate of Nippon, will buy four mln unissued shares, or a 12
pct stake, of Lifetime for 20 mln dlrs or five dlrs a share. -
Corrects to show Nippon's affiliate Koba buying stake in
Lifetime.
   
 Reuter
