Westhouse Medical Services Plc Targeted Acquisition Part of Company's Continuing International Corporate Expansion
12/17/2012 9:59:11 AM
London, Dec 13, 2012 (ABN Newswire) - Healthcare specialist Westhouse Medical Services Plc (FRA:5WM) is pleased to announce that following its announcement of its acquisition of 52% of the issued share capital of Quy Biosciences Limited (Quy) through private placement in November 2012, Westhouse has now acquired a further 47.5% of the issued share capital of Quy. The outstanding 0.5% of Quy issued share capital will be transfer to Westhouse under drag and tag rules, giving Westhouse 100% of the Quy issued share capital and making it a wholly owned subsidiary.
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