Brief: Kolon To Sell $89 Mln Worth Of Stakes In Two Units To Improve Governance
08/10/2019 09:38
Oct 8 (Reuters) - Kolon Corp 002020.KS :
* TO SELL 1.4 MILLION SHARES IN ITS UNIT KOLON AUTO FOR 53
BILLION
WON ($44.41 million)
* TO ACQUIRE 11 MILLION SHARES IN ITS UNIT KOLON AUTOCARE
SERVICE
FOR 107 BILLION WON ($89.66 million)
* TO SELL 2.8 MILLION SHARES IN ITS UNIT KOLON AUTOMOTIVE
FOR 53
BILLION WON
Source text for Eikon: https://bit.ly/2IMfHZ5,
https://bit.ly/35976Jg, https://bit.ly/2oetkZZ
Further company coverage: 002020.KS
($1 = 1,193.3700 won)
((sangmi.cha.thomsonreuters.com@reuters.net;))
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