Edition:
India

Melco Holdings to acquire Advanced Design


Monday, 13 Feb 2017 

Melco Holdings Inc <6676.T>: Says it plans to wholly own Advanced Design via shares acquisition and shares exchange . Says it will acquire 3,861 shares for totally about 670 million yen (including expense) on Feb. 16 from individuals .Says it to buy remaining shares of target firm via shares exchange on March 6 and one share of the target firm can be exchanged for 59.73 shares of the co.