Monday, March 12, 2012

Reuters: Deals: Asahi Kasei sags after says to buy U.S. Zoll Medical

Reuters: Deals
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Asahi Kasei sags after says to buy U.S. Zoll Medical
Mar 13th 2012, 00:29

TOKYO | Mon Mar 12, 2012 8:29pm EDT

TOKYO (Reuters) - Shares of Asahi Kasei Corp (3407.T) sagged 3.7 percent in early trade on Tuesday after it said it would buy U.S. medical equipment maker Zoll Medical Corp (ZOLL.O) for $2.21 billion as it looks to reduce reliance on its chemicals and fibres operations.

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