Brief: Schnell Biopharmaceuticals to buy 16.7 pct stake in ABA Biologics

Aprogen Biologics

03/11/2016 02:52

Nov 3 (Reuters) - Schnell Biopharmaceuticals Inc  003060.KS  
: 
 
    * Says it will buy 4 million shares(16.7 percent stake) of 
ABA Biologics Inc, which is engaged in research and development 
of Biopharmaceutical 
    * Says it will hold 16.7 percent stake in ABA Biologics Inc, 
after the transaction  
    * Transaction amount is 8 billion won and expected 
transaction settlement date is Nov. 12 
     
    Source text in Korean: https://goo.gl/BBMwNn 
    Further company coverage:  003060.KS  
 
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