ADVFN - Advanced Financial Network.
HOME» NYSE » I » ITC Stock Price » ITC Stock News

Itc Share News

 Itc Holdings Corp Stock Price
ITC Stock Price
 Itc Holdings Corp Stock Chart
ITC Stock Chart
 Itc Holdings Corp Stock News
ITC Stock News
 Itc Holdings Corp Company Information
ITC Company Information
 Itc Holdings Corp Stock Trades
ITC Stock Trades

Samsung Electronics Acquires U.S. Healthcare Equipment Maker Nexus

SEOUL -(Dow Jones)- Samsung Electronics said Wednesday that it has acquired U.S. healthcare equipment maker Nexus, as the electronics giant continues to expand in the healthcare sector following its first takeover of a medical company last year. Nexus, a division of ITC Nexus Holding Company, is a provider of cardiac-testing solutions, which helps in the monitoring of various cardiovascular diseases, Samsung said in a statement, without disclosing financial details of the deal. "This partnership will play a vital role in helping Samsung to position itself as a global leader in healthcare technology," said Yong-chu Bang, Vice President of Samsung Electronics' health and medical equipment business. In December, the world's largest technology company by revenue acquired a 43.5% stake in Medison Co., a South Korean medical equipment maker, for KRW331.4 billion (US$292.2 million). As part of its long-term plans to develop new engines of growth, Samsung announced last year that it aims to invest KRW1.2 trillion through 2020 in the healthcare sector. The acquisition of Nexus is expected to be completed in the fourth quarter of 2011, Samsung added. -By Jung-Ah Lee, Dow Jones Newswires; 822-3700-1907; jung-ah.lee@dowjones.com

Stock News for Itc (ITC)
DateTimeHeadline
05/27/201616:32:00Current Report Filing (8-k)
05/25/201616:31:51Current Report Filing (8-k)
05/25/201606:35:00ITC Announces Corporate Leadership Changes
05/25/201606:34:00Rejji P. Hayes Promoted to Executive Vice President and Chief...
05/23/201616:34:12Statement of Changes in Beneficial Ownership (4)
05/23/201616:31:35Statement of Changes in Beneficial Ownership (4)
05/23/201616:28:01Statement of Changes in Beneficial Ownership (4)
05/23/201616:27:08Statement of Changes in Beneficial Ownership (4)
05/23/201616:25:39Statement of Changes in Beneficial Ownership (4)
05/23/201616:22:53Statement of Changes in Beneficial Ownership (4)
05/23/201606:02:17Additional Proxy Soliciting Materials (definitive) (defa14a)
05/23/201606:02:17Current Report Filing (8-k)
05/19/201617:22:41Additional Proxy Soliciting Materials (definitive) (defa14a)
05/19/201616:45:00ITC Holdings Corp. Sets Special Shareholder Meeting Date To Vote...
05/19/201616:30:00ITC Declares Dividend to Shareholders
05/17/201616:33:30Statement of Changes in Beneficial Ownership (4)
05/17/201616:33:30Statement of Changes in Beneficial Ownership (4)
05/17/201616:31:15Statement of Changes in Beneficial Ownership (4)
05/17/201616:30:49Statement of Changes in Beneficial Ownership (4)
05/17/201616:29:59Statement of Changes in Beneficial Ownership (4)

Itc and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad