Itochu Partners With Device Maker Goodman to Expand Healthcare Business
This article was originally published in PharmAsia News
Executive Summary
General trading company Itochu announced a partnership deal with medical device maker and JASDAQ stock exchange listed Goodman Co. Itochu plans to acquire 36.29 percent of Goodman shares to become the largest share holder. The company will pay an average of ¥998 per share, or a total investment of ¥4 billion. Itochu will also appoint one executive director and one non-executive director to Goodman's board. (Click here for more - Japanese language