(Corrects target company name in headline and text after GNI
Group officially corrects statement)
April 19 (Reuters) - GNI Group Ltd 2160.T
* Says it will acquire 70 percent voting power of a new unit
of Berkeley Advanced Biomaterials, Inc., for $59.7 million (6.51
billion yen), through GNI USA, Inc.
* Says Berkeley Advanced Biomaterials,Inc. will set up a new
unit, and transfer all property and business to unit
* Says transaction effective July 31
Source text in Japanese:https://goo.gl/x0h5qu;
https://goo.gl/UheKda
Further company coverage: 2160.T
(Beijing Headline News)
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