South Korea: Hanil Cement says it will buy 10.8 million shares or a 64.4% stake in Hyundai Cement. The transaction will cost US$427m, according to Reuters. The South Korean cement producer was chosen as the preferred bidder in February 2017.
Hanil Cement buys stake in Hyundai Cement
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://www.globalcement.com/news/item/5987-hanil-cement-buys-stake-in-hyundai-cement
© 2024 Pro Global Media Ltd. All rights reserved.