Lion ( (JP:4912) ) has issued an announcement.
Lion Corporation announced its decision to acquire all shares of its Vietnam-based affiliate, Merap Lion Holding Corporation, making it a wholly owned subsidiary. This acquisition is part of Lion’s Vision2030 2nd STAGE plan to strengthen its business portfolio and enhance growth overseas. By fully integrating Merap Lion, Lion aims to leverage synergies in product development and production technology, particularly in the oral healthcare sector, to boost its market presence in Vietnam and improve consolidated performance.
More about Lion
Lion Corporation operates in the healthcare industry, focusing on oral healthcare and other related categories. The company is known for its strategic and operational management of group companies involved in the manufacture and sale of pharmaceuticals and medical devices, with a market focus on expanding its presence in Vietnam.
YTD Price Performance: -8.39%
Average Trading Volume: 760
Technical Sentiment Signal: Buy
Current Market Cap: $3.48B
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