Monday, 2 January 2012

Consegna Group substantial holder acquires shares

Consegna Group (ASX:CGP) substantial holder, Balam Global has topped up its holding in the company.

In December, it acquired 17.87 million Consegna shares in on market acquisitions for a consideration of US$598,918.

Balam now holds an aggregate of 56.2 million shares or 9.14% of Consegna.

In December, Consegna Group announced the closing of the purchase of Aspen Medisys, LLC. 

Aspen's portfolio includes a nanoparticle magnetic thermotherapy technology platform for the treatment of solid tumours.

Consegna aims to identify, acquire and commercialise late stage therapeutic delivery technologies.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/23697/consegna-group-substantial-holder-acquires-shares-23697.html

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