Brief: Nexen to merge with goods storage and transportation firm

Nexen

30/08/2017 03:59

Aug 30 (Reuters) - Nexen Corp  005720.KS  : 
     
    * Says it plans to issue 2,663,807 shares of the company to 
merge with a goods storage and transportation firm  
    * Merger ratio is 1.0000000 : 8.8793666 between the company 
and target company 
    * The company will survive and the goods storage and 
transportation company will be dissolved after merger  
     
    Source text in Korean: https://goo.gl/nZE2Ad 
    Further company coverage:  005720.KS  
 
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