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BRIEF-Chongkundang Holdings to buy stake in Kyongbo Pharmaceutical for 19.65 bln won
April 27, 2017 / 2:13 AM / 8 months ago

BRIEF-Chongkundang Holdings to buy stake in Kyongbo Pharmaceutical for 19.65 bln won

April 27 (Reuters) - Chongkundang Holdings Corp :

* Says it will buy 1.5 million shares of Kyongbo Pharmaceutical Co., Ltd, a pharma firm, for 19.65 billion won

* Says it will hold 39.5 percent stake(9.4 million shares) in Kyongbo Pharmaceutical Co., Ltd after transaction

Source text in Korean: goo.gl/SUODGW

Further company coverage: (Beijing Headline News)

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