Brief: I'rom Group to buy CMAX Pty Ltd from IDT Australia

I'rom Co

25/10/2016 10:33

Oct 25 (Reuters) - I'rom Group Co Ltd  2372.T : 
     
    * Says it to buy 61 percent voting rights in CMAX Pty Ltd 
from IDT Australia Limited at the end of November, for the 
purpose of acquisition of CMAX business (clinical trial 
business) from IDT Australia 
    * Says transaction price of AU$10 million for the 60 percent 
voting rights of target firm 
    * Says it planned to fully acquire CMAX Pty Ltd after June 
2017 
     
    Source text in Japanese: https://goo.gl/Qt6Mz9 
    Further company Coverage:  2372.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: qiujing.li.thomsonreuters.com@reuters.net))