Brief: Medius Holdings updates acquisition of MITAS and D*sense

Medius Holdings Co

07/12/2017 07:00

Dec 7 (Reuters) - Medius Holdings Co Ltd  3154.T   
     
    * Says it will acquire 172,000 shares of MITAS Inc., at the 
price 
of 4,933 yen per share, for 898 million yen in total, via cash, 
effective July 1, 2018  
    * Says it will raise voting power in MITAS Inc. to 36.8 
percent 
from 9.5 percent  
    * Says it will fully acquire two medical instrument sales 
firms, 
MITAS and D*sense, through stock swap, after acquisition  
    * One share of MITAS Inc's stock will be exchanged with 
1.794 
shares of the co  
    * One share of D*sense's stock will be exchanged with 
106.667 
shares of the co  
    * Says totalling 778,729 shares of the co's stock will be 
exchanged 
    * Effective July 2, 2018   
 
     
    Source text in Japanese:https://goo.gl/rzZufP 
    Further company coverage: 3154.T  
 
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