Brief: Cosmecca Korea to buy 34.71 pct stake in Englewood Lab for 57.76 bln won

Cosmecca Korea Co

24/04/2018 04:19

April 24 (Reuters) - Cosmecca Korea Co Ltd  241710.KQ  :
    
    * Says it plans to buy 6,896,831 shares of Englewood Lab,
Inc, a
cosmetic firm, for 57.76 billion won, to enter U.S. cosmetic
market 
    * It will hold a 34.71 percent stake(6,896,831 shares) in
target
company after transaction 


    Source text in Korean : https://goo.gl/nNvSzr
    Further company coverage:  241710.KQ 

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