Brief: Chongkundang Holdings to buy stake in Kyongbo Pharmaceutical for 19.65 bln won

Chongkundang Holdings

27/04/2017 03:09

April 27 (Reuters) - Chongkundang Holdings Corp  001630.KS  
: 
     
    * Says it will buy 1.5 million shares of Kyongbo 
Pharmaceutical Co., Ltd, a pharma firm, for 19.65 billion won  
    * Says it will hold 39.5 percent stake(9.4 million shares) 
in Kyongbo Pharmaceutical Co., Ltd after transaction  
     
     
    Source text in Korean: https://goo.gl/SUODGW 
    Further company coverage:  001630.KS  
 
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