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BRIEF-Medius Holdings updates acquisition of MITAS and D*sense
December 7, 2017 / 7:01 AM / 8 days ago

BRIEF-Medius Holdings updates acquisition of MITAS and D*sense

Dec 7 (Reuters) - Medius Holdings Co Ltd

* Says it will acquire 172,000 shares of MITAS Inc., at the price of 4,933 yen per share, for 898 million yen in total, via cash, effective July 1, 2018

* Says it will raise voting power in MITAS Inc. to 36.8 percent from 9.5 percent

* Says it will fully acquire two medical instrument sales firms, MITAS and D*sense, through stock swap, after acquisition

* One share of MITAS Inc’s stock will be exchanged with 1.794 shares of the co

* One share of D*sense’s stock will be exchanged with 106.667 shares of the co

* Says totalling 778,729 shares of the co’s stock will be exchanged

* Effective July 2, 2018

Source text in Japanese:goo.gl/rzZufP

Further company coverage: (Beijing Headline News)

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