May 23, 2017 / 9:56 AM / 3 months ago

BRIEF-Center Laboratories unit to buy ADP Holdings (Australia)Pty Ltd

May 23 (Reuters) - Center Laboratories Inc :

* Says its unit Ausnutrtion Care Pty Ltd plans to use A$10 million to buy 43 percent stake in ADP Holdings (Australia)Pty Ltd and to use A$13.3 million worth of 30 percent stake of shares in exchange for the remaining 57 percent stake

* Says unit Ausnutrtion Care Pty will wholly own ADP Holdings (Australia)Pty Ltd after transaction

Source text in Chinese: goo.gl/j6gpdo

Further company coverage: (Beijing Headline News)

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