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Vital Ksk Holding Inc Announces Merger Agreement and Business and Capital Alliance Agreements with Ishikawa-based Company

Friday, 26 Apr 2013 02:00am EDT 

Vital Ksk Holding Inc announced that it has signed a merger agreement with a pharmaceutical wholesale company located in Ishikawa, Japan. Through the agreement, the Ishikawa-based company will merge with a pharmaceutical wholesale sub-subsidiary of the Company, effective January 1, 2014. As a result, the sub-subsidiary will be dissolved. The Company also announced business and capital alliances with the Ishikawa-based company, through which the Ishikawa-based company will issue shares through private placement to the Company, and cooperate with the Company in system development, new business research, product strategy research and personnel programs. After the private placement, the Company will hold a 33.4% stake in the Ishikawa-based company. 

Company Quote

-2.0 -0.23%
20 Aug 2014