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073240 — Kumho Tire News Story

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Brief: Kumho Tire to fully acquire Kumho Tire (H.K.) for 38.78 bln won

June 21 (Reuters) - Kumho Tire Co Inc  073240.KS  :    
    * Says it plans to buy 35,000,000 shares of Kumho Tire
(H.K.) Co.,
Ltd for 38.78 billion won, to get stake in Nanjing Kumho Tire
Co.,Ltd
    * It will hold 100 percent stake(881,294,457 shares) in 
target
company after transaction 


    Source text in Korean : https://goo.gl/2wrqbi
    Further company coverage:  073240.KS 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))

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