Brief: Jcontentree to sell its entire stake in Hearst Joongang for 16.18 bln won

ContentreeJoongAng

28/11/2016 09:24

Nov 28 (Reuters) - Jcontentree Corp  036420.KQ  : 
 
    * Says it will sell 111,723 shares of Hearst Joongang, which 
is engaged in periodical publication, to strengthen 
communication with broadcasts and digital medium  
    * Says transaction amount is 16.18 billion won  
    * Says it will hold 0 percent stake in Hearst Joongang, 
after the transaction  
     
     
    Source text in Korean: https://goo.gl/kOkjaV 
    Further company coverage:  036420.KQ  
 
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