Vitamin life Co., Ltd. cancelled the acquisition of direct marketing business from Wellco Corporation.
The transaction has been resolved by Board of Directors of Wellco Corporation. The transaction is subject to approval during the extraordinary shareholders' meeting which will be held on April 27, 2012. Wellco Corporation approved the share transfer contract during the Board of Directors meeting. The transaction is expected to close by May 1, 2012. Grant Thornton Taiyo ASG Tax Corporation acted as accountant to Wellco Corporation.
Vitamin life Co., Ltd. cancelled the acquisition of direct marketing business from Wellco Corporation (TSE:7831) on March 21, 2013.