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Home › Business, Policy & Funding › Business News › Genesis Healthcare Raises ¥1.5B in Stock Placement

Genesis Healthcare Raises ¥1.5B in Stock Placement

Aug 21, 2017
|
staff reporter

NEW YORK (GenomeWeb) – Japanese genetic research and testing firm Genesis Healthcare announced today that it has completed the sale of ¥1.5 billion ($13.8 million) of newly issued shares to Rakuten.

In connection with the transaction, Rakuten Chairman and CEO Hiroshi Mikitani will join Genesis' board as an external director.

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