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6 months ago
BRIEF-Elan to fully acquire medical facilities firm for 588 mln yen
February 10, 2017 / 3:46 AM / 6 months ago

BRIEF-Elan to fully acquire medical facilities firm for 588 mln yen

Feb 10 (Reuters) - Elan Corp:

* Says Elan plans to acquire Iwate prefecture-based firm, which is engaged in the business of medical facilities

* Says Elan is aiming to raise stake in the target firm to 100 percent from 10 percent, with total acquisition amount of 588 million yen(advisory fee included)

* Says the acquisition effective on Feb. 28

Source text in Japanese:goo.gl/QB2UNU

Further company coverage: (Beijing Headline News)

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