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Zylox-Tonbridge Medical Technology and GL Capital will jointly invest approximately HK$1.48 billion (US$189 million) in LifeTech Scientific through GL Lighthouse Two Investment. Lighthouse Two will subscribe for newly issued shares representing about 16.7% of LifeTech's enlarged share capital. Separately, GL Capital will acquire 39.8 million newly issued Zylox-Tonbridge shares.
“The investment aims to bring the two medical device manufacturers closer together and establish an integrated platform covering vascular and structural heart interventions.”healthcaremea.com
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