United Kingdom

Linical Co Ltd (2183.T)

2183.T on Tokyo Stock Exchange

25 Jun 2018
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¥-21 (-0.88%)
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Latest Key Developments (Source: Significant Developments)

Linical unit to buy Accelovance for 3.47 bln yen
Tuesday, 27 Mar 2018 

March 27(Reuters) - Linical Co Ltd <2183.T>:Says its wholly owned subsidiary LINICAL USA INC and LINICAL USA's wholly owned subsidiary Magnolia Acquisition Corp signed a contract, regarding merger between Magnolia Acquisition Corp and U.S.-based firm Accelovance,Inc.Says Magnolia Acquisition Corp will be dissolved after the merger .Says LINICAL USA INC will acquire 100 percent stake in Accelovance,Inc after the merger, for 3.47 billion yen in total.Transaction date in April .  Full Article

BRIEF-Linical to take out loans of 4 bln yen

* Says it will take out loans of 4 billion yen in total, on April 12, due to unit LINICAL USA, INC will acquire stake in Accelovance, Inc