Johnson & Johnson announced a deal with Japanese Ci:z Holdings for the purchase of all its outstanding shares for 230 billion yen. Jonson & Johnson, through its subsidiary, already owns a 19.9% stake in the Japanese company. Under the terms of the deal, the American company will pay 5,900 yen per Ci:z share, taking into account the 55% premium compared to the price of the shares at the end of trading on Tuesday. Having gained control over the popular brands of the Japanese company, Johnson & Johnson expects to strengthen its position in the field of innovation in the international market.
Korean Air plans to sell new shares worth $817 Million to stay afloat
13.05.2020Bloomberg: Nissan restructuring plan includes $2.8 billion-cut
12.05.2020Richard Branson to sell $25 Million worth of Virgin Galactic shares amid virus outbreak
11.05.2020Asia shares climb as more countries ease restrictions
