CJ CheilJedang's subsidiary CJ Bioscience has recorded the upper price limit for two consecutive days.
At 9:41 AM on the 20th, CJ Bioscience was trading at 14,780 KRW, up 29.99% from the previous day.
The parent company, CJ CheilJedang, is reportedly contacting acquisition candidates by appointing Morgan Stanley as the lead underwriter to sell its bio business division.
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