Hydraiki Naval Company agreed to acquire 10.32% stake in ALAS International Holdings, Inc. (OTCPK:VDSC) for $12.5 million in cash on April 25, 2013. Under the terms, Hydraiki agreed to acquire 25 million shares. The consideration is subject to certain adjustments.
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- Hydraiki Naval Company agreed to acquire 10.32% stake in ALAS International Holdings, Inc. for $12.5 million.