Brief: Olympus Corp - Notice Regarding Rescission Of Definitive Agreement To Acquire Shares Of Korean Gastrointestinal Stent Company Taewoong Medical Co
08/03/2024 06:03
March 8 (Reuters) - Olympus Corp 7733.T :
* NOTICE REGARDING RESCISSION OF DEFINITIVE AGREEMENT TO
ACQUIRE
SHARES OF KOREAN GASTROINTESTINAL STENT COMPANY TAEWOONG MEDICAL
CO
* FOUND DATA INTEGRITY ISSUES RELATED TO TAEWOONG MEDICAL
PRODUCTS
* TO EFFECT RESCISSION, FORMER SHAREHOLDERS OF TAEWOONG
MEDICAL
HAVE REFUNDED AMOUNT PAID BY OLYMPUS, AND OLYMPUS WILL RETURN
ALL SHARES OF TAEWOONG MEDICAL
* IMPACT OF RESCISSION ON OUR CONSOLIDATED FINANCIAL RESULTS
IS
EXPECTED TO BE IMMATERIAL
Source text for Eikon: ID:nTSoh86756
Further company coverage: 7733.T
Recent news on OLYMPUS
See all newsBrief: Olympus Corporation - Notice Regarding Issuance Of Import Alerts By FDA
Brief: Olympus Corporation - Notice Regarding Receipt Of Warning Letter From FDA
Table: Olympus Corp -Q1 group results (IFRS)
Pushy investors prime Japan Inc for new phase
Brief: Olympus Corp - Notice Regarding Acquisition Of Bioprotect Ltd