NEW YORK, June 30 (GenomeWeb News) - As part of its plan to move its headquarters back to
The move will result in a SEK 110 million ($14 million) tax credit, or 11 SEK per share, for the year, the companies said today in a statement.
The company did not elaborate on which assets would be involved in the transfer.
The company expects the write-off to occur over the next five years, and its impact will appear in Biacore's July 19 half-year report, the company said.
The move is part of the firm's larger "turnaround plan," which it announced in October.