Sports Gear Co., Ltd. (TWSE:6768) acquired 30.51771% stake in All Wells International Co.,Ltd for $70 million on January 18, 2022. The consideration consists of 18,666,666 shares for $3.75 per unit of All Wells International. The Board of directors of Sports Gear Co., Ltd. have approved the acquisition.

Sports Gear Co., Ltd. (TWSE:6768) completed the acquisition of 30.51771% stake in All Wells International Co.,Ltd for $70 million on January 18, 2022.