Brief: Cordlife Group Proposes Combination Of Businesses With Global Cord Blood Corp
04/06/2019 14:03
June 4 (Reuters) - Cordlife Group Ltd CORD.SI :
* CO MADE AN INDICATIVE, NON-BINDING AND CONDITIONAL
PROPOSAL TO
GLOBAL CORD BLOOD CORP FOR COMBINATION OF BUSINESSES
* UNDER PROPOSAL, CO TO ISSUE 2.50 BLN SHARES VALUED AT
S$1.25 BLN
IN EXCHANGE FOR ALL OF OUTSTANDING EQUITY OF GLOBAL CORD BLOOD
Source text for Eikon: ID:nSN43lSfs
Further company coverage: CORD.SI
((Reuters.Briefs@thomsonreuters.com;))
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