Brief: Union to buy 52.2 pct stake in Ssangyong Materials for 80.08 bln won

Union

22/12/2016 06:57

Dec 22 (Reuters) - Union Corporation  000910.KS  : 
     
    * Says it will buy 21.9 million shares in Ssangyong 
Materials Corp.  
    * Says transaction amount is 80.08 billion won 
    * Says it will hold 52.2 percent stake(21.9 million shares) 
in Ssangyong Materials after the transaction 
     
     
    Source text in Korean: https://goo.gl/TBlCrB 
    Further company coverage:  000910.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; Reuters Messaging: 
Yinglan.Ma@thomsonreuters.com@reuters.net))