February 27, 2017 / 2:10 AM / 7 months ago

BRIEF-Kodi-M to buy 12.2 pct stake in ESV for 10 bln won

Feb 27 (Reuters) - Kodi M Co Ltd :

* Says it will acquire 918,274 shares of ESV Inc, a drone firm, to expand new business

* Transaction amount is 10 billion won

* Says it will hold 12.2 percent stake in ESV Inc after the transaction

Source text in Korean: goo.gl/ihPJgY

Further company coverage: (Beijing Headline News)

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