Brief: Korea Kolmar to buy 85 pct stake in CSR Cosmetic Solutions for 9.34 bln won

Kolmar Korea

30/11/2016 01:33

Nov 30 (Reuters) - Korea Kolmar  161890.KS  : 
     
    * Says it will buy 85 shares of CSR Cosmetic Solutions Inc, 
a Canada cosmetic firm, to enter North American market  
    * Says transaction amount is 9.34 billion won  
    * Says it will hold 85 percent stake(85 shares) in CSR 
Cosmetic Solutions Inc, after the transaction  
     
    Source text in Korean: https://goo.gl/ryc2Vs 
    Further company coverage:  161890.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))