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Genmont Biotech Inc revises to fully acquire White Wood House


Thursday, 8 May 2014 08:15pm EDT 

Genmont Biotech Inc:To acquire 37,800,000 shares of White Wood House, a food subsidiary, from White Wood House, two investment companies and five individuals, in order to extend operating scale, increase investment income and repay White Wood House's loan.Transaction price is T$35 per share, or T$1,323,000,000 in total.The company to hold a 100 pct stake (64,710,000 shares) in White Wood House after acquisition. 

Company Quote

23.1
-0.3 -1.28%
3 Aug 2015