Brief: Kolon to buy shares of KOLON Energy for 22.83 bln won

Kolon

18/05/2016 08:27

May 18 (Reuters) - Kolon  002020.KS  Corp: 
     
    * Says it will buy 229,941 shares of KOLON Energy CO,.LTD., 
for 22.83 billion won 
    * Says it will hold 97.8 percent stake (559,036 shares) in 
the KOLON Energy, after the transaction 
    * Expects transaction settlement date of June 24 
     
    Source text in Korean: http://me2.do/F0b4ztXS 
    Further company Coverage:  002020.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +861062674724; 
Reuters Messaging: lima.jin.reuters.com@reuters.net)) 
 
Keywords: KOLON CORP/BRIEF