Konica Minolta to buy Ambry Genetics, deal worth up to $1b
In a transaction that will be partially funded by a Japanese state-backed fund, it said that $800 million would paid in cash upon closure of the deal while $200 million could be paid over two years depending on financial performance.
Konica Minolta will account for 60 percent of the investment, with the fund, the Innovation Network Corp of Japan, accounting for the remaining 40 percent.
Posco to sell shares in KB Financial in block dealworth up to $384m
POSCO has offered 7,727,030 KB Financial shares at a price range of 56,400 won to 57,400 won each, a discount of 1.2 percent to 2.9 percent to their Thursday closing price, reported IFR, a Thomson Reuters publication.