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Ray announced the acquisition of its Chinese sales partner, Beijing Shuga Medical Technology Co., Ltd., for KRW 25.5 billion. The company distributes dental medical devices in China and has 150 regional dealerships.
“Ray announced on the 21st that it has signed a contract to acquire its local Chinese sales partner, Beijing Shuga Medical Technology Co., Ltd., for 25.5 billion KRW.”asiae.co.kr
Summarized from public sources; check the original articles before acting on it.