Green Cross "Acquires 100% Stake in US Blood Bank... Worth 138 Billion Won"

Green Cross announced on the 11th that it will acquire 100 million shares of ABO Holding, a U.S. blood bank operator, for 138 billion KRW.

After acquiring the shares, the ownership stake will be 100%. The scheduled date for the acquisition is January 31 of next year. Green Cross explained that this is "to expand the U.S. plasma fractionation business."