Brief: Kiwi Media Group to buy 59.7 pct stake in Asiaetv for 7 bln won

Ascendio Co

24/03/2017 02:42

March 24 (Reuters) - Kiwi Media Group Co Ltd  012170.KS  : 
     
    * Says it will acquire 676,811 shares of Asiaetv, a cable 
channel firm, for 7 billion won, to expand new business  
    * Says it will hold 59.7 percent stake(676,811 shares ) in 
Asiaetv after the transaction  
     
     
    Source text in Korean: https://goo.gl/TKHdEo 
    Further company coverage:  012170.KS  
 
 (Beijing Headline News) 
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