March 12, 2020 / 10:50 AM / 22 days ago

BRIEF-Jenoptik Invests In Japan And Takes Over A Joint Venture

March 12 (Reuters) - JENOPTIK AG:

* INVESTS IN JAPAN AND TAKES OVER A LONG-STANDING JOINT VENTURE COMPLETELY

* IN FUTURE JENOPTIK WILL HOLD 100 PERCENT OF SHARES IN JAPANESE COMPANY JENOPTIK JAPAN CO.

* ACQUIRES REMAINING 33.42 PERCENT OF SHARES IN JENOPTIK JAPAN CO. LTD. FROM ITS JOINT VENTURE PARTNER KANTUM USHIKATA MFG. CO., LTD.

* TWO BUSINESS PARTNERS HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE OF SHARES

* THUS TRANSFERS JOINT VENTURE TO A WHOLLY OWNED JENOPTIK GROUP SUBSIDIARY. Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below