Brief: DGB Financial Group to raise stake in unit DGB Life Insurance to 100 pct via stock swap
Nov 29 (Reuters) - DGB Financial Group 139130.KS :
* Says it decides to change unit DGB Life Insurance Co Ltd
to its wholly owned subsidiary through stock swap
* Says stock swap ratio is 1 : 0.5530767 between the company
and its unit
* Stock swap effective date is Jan. 5, 2017
Source text in Korean: https://goo.gl/xtJzSp
Further company coverage: 139130.KS
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on iM Financial
See all newsBrief: Im Financial Group Q1 Operating Profit 194 Billion Won, Down 7.3% From Year Earlier
Brief: Im Financial Group To Cancel 40 Billion Won Worth Of Own Shares
Brief: Im Financial Group Unit Im Bank Q4 Operating Profit 27 Billion Won, Up 3% From Year Earlier
Brief: Im Financial Group Q3 Operating Profit 155.7 Billion Won, Up 37% From Year Earlier
Brief: Im Financial Group To Cancel 20 Billion Won Worth Of Own Shares