Brief: sMedio to buy Taosoftware via shares acquisition and shares exchange

GreenBee

22/07/2016 07:34

July 22 (Reuters) - sMedio Inc  3913.T : 
     
    * Says it to buy 105 shares (52.5 percent voting rights) of 
Taosoftware Co.,Ltd. from individuals for 121.1 million yen 
(including advisory expense) on July 27 
    * Says after shares acquisition the co plans to wholly own 
Taosoftware via shares exchange on Sep. 1 
    * Says one ordinary share of Taosoftware can be exchanged to 
731.09 ordinary shares of the co  
 
     
    Source text in Japanese: https://goo.gl/etOLvn 
    Further company Coverage:  3913.T  
 
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