Yeon E BNT Decides to Acquire Medicann, a Cell Therapy Company, for 27 Billion KRW
[Asia Economy Reporter Minji Lee] Yeonib B&T announced on the 9th that it will acquire 1.08 million shares of Medican Co., Ltd., a company engaged in cell therapy and research and development, for approximately 27 billion KRW. After the acquisition, the number of shares owned and the equity ratio will be 37.4%. The company stated, "This is for entering new business areas and increasing profits."
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