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BRIEF-Glac Biotech to merge with Glory Biotech
September 20, 2017 / 6:23 AM / in 3 months

BRIEF-Glac Biotech to merge with Glory Biotech

Sept 20(Reuters) - Glac Biotech Co Ltd :

* Says it plans to merge with Glory Biotech Co Ltd to integrate resource, improve operating revenue and strengthen competitiveness

* Says 0.4 shares of the co can be exchanged with one share of Glory Biotech

* Record date Nov. 30

* Says Glory Biotech to be dissolved after the merger

Source text in Chinese: goo.gl/JTUk1i

Further company coverage: (Beijing Headline News)

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