Sunshine Holdings PLC (COSE:SUN-N-0000) agreed to acquire the healthcare business of CIC Holdings PLC (COSE:CIC-N-0000) on March 14, 2019. Under the terms of transaction, Sunshine Holdings and CIC Holdings will combine all their healthcare businesses with 60:40 shareholding interests respectively. The transaction is subject to due diligence findings and has been approved by the boards of Sunshine Holdings and CIC Holdings. Post transaction, Sunshine Holdings PLC would exercise effective management control.

Sunshine Holdings PLC (COSE:SUN-N-0000) cancelled the acquisition of the healthcare business of CIC Holdings PLC (COSE:CIC-N-0000) on July 15, 2019.