Lion Corporation (TSE:4912) agreed to acquire remaining 50% stake in Lion Akzo Co., Ltd. from Akzo Nobel Chemicals International B.V. in cash on January 31, 2014. The transaction is expected to close on March 31, 2014. The transaction is not expected to impact the fiscal 2013 results of Lion Corporation.

Lion Corporation (TSE:4912) cancelled the acquisition of remaining 50% stake in Lion Akzo Co., Ltd. from Akzo Nobel Chemicals International B.V. on January 31, 2015.