CJ CheilJedang Decides to Acquire 100% Stake in Subsidiary CJ Wellcare
[Asia Economy Reporter Lee Seon-ae] CJ CheilJedang announced on the 23rd that it has decided to acquire 1 million shares (100%) of its subsidiary CJ Wellcare.
The acquisition amount is 60.78212 billion KRW, which corresponds to 0.6% of the company's equity capital. The scheduled acquisition date is January 1, 2022.
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The company stated, "This is for the establishment of a health business corporation through cash and in-kind contributions."
This content was produced with the assistance of AI translation services.
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