BRIEF-Genor Biopharma, Its Unit & Edding Group Entered Into Merger Agreement

Reuters10-07

Oct 7 (Reuters) - Genor Biopharma Holdings Ltd

* ON 13 SEPT CO ENTERED INTO MERGER AGREEMENT

* CO, EDDING GROUP COMPANY AND UNIT ENTERED INTO MERGER AGREEMENT

* CO WILL ACQUIRE EDDING GROUP COMPANY BY WAY OF MERGER

* CONSIDERATION OF PROPOSED MERGER IS TO BE WHOLLY SETTLED BY WAY OF ISSUING CONSIDERATION SHARES

* UNIT GENEDD WILL BE MERGED WITH AND INTO EDDING

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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