Brief: ISU PETASYS to acquire 85.3 pct of ISU Petasys Asia

Isu Petasys

13/05/2016 09:43

May 13 (Reuters) - ISU PETASYS CO.,LTD   007660.KS  : 
     
    * Says it will acquire 71.4 million shares of ISU Petasys 
Asia Ltd., which is engaged in the manufacturing of printed 
circuit board, for private placement participation 
    * Says transaction price is 23.28 billion won 
    * Expects transaction settlement on June 20 
    * To hold 85.3 stake in ISU Petasys Asia after the 
transaction 
 
     
    Source text in Korean: http://goo.gl/dCZs4o 
    Further company coverage: 007660.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: lusha.zhang.reuters.com@reuters.net)) 
 
Keywords: ISU PETASYS/BRIEF