Brief: Daechang to buy stake in Taewoo for 15 bln won

Daechang Co

25/10/2016 09:45

Oct 25 (Reuters) - Daechang Co Ltd  012800.KS  : 
     
    * Says it will buy 2.5 million shares of Taewoo, a copper 
processing firm, for 15 billion won  
    * Says it will hold 78.5 pct stake(5.3 million shares)in 
Taewoo, after the transaction 
     
     
    Source text in Korean: https://goo.gl/N2LJjO 
    Further company coverage:  012800.KS  
 
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