ARTICLE | Company News
Escagenetics deal
July 5, 1994 7:00 AM UTC
Sam Yang Group's Sun Hill Glucose Co. Ltd. (Korea) subsidiary will buy $1.8 million of common stock of PHYTOpharmaceuticals Inc., an ESN subsidiary. The investment, which is subject to approval by Korean authorities, would represent a 12.6 percent stake in the unit. The agreement also grants Sun Hill the right to purchase up to $4 million in additional equity. ...