April 27, 2012
Asahi Kasei Corp.
Asahi Kasei has completed its acquisition of ZOLL Medical, a major US manufacturer of medical devices for critical care, on April 26, 2012, US Eastern time.
On March 12, 2012, Asahi Kasei announced a tender offer for shares of ZOLL Medical, through a US subsidiary. All procedures related to this acquisition were completed on April 26, 2012, US Eastern time, and ZOLL Medical became a wholly owned consolidated subsidiary of Asahi Kasei.
As a result, ZOLL Medical’s stock will cease to be traded on the NASDAQ market, and ZOLL Medical will no longer have reporting obligations under the Securities Exchange Act of 1934. ZOLL Medical will continue to be managed by its current management team.
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