April 24, 2018 / 3:20 AM / a month ago

BRIEF-Cosmecca Korea to buy 34.71 pct stake in Englewood Lab for 57.76 bln won

April 24 (Reuters) - Cosmecca Korea Co Ltd :

* Says it plans to buy 6,896,831 shares of Englewood Lab, Inc, a cosmetic firm, for 57.76 billion won, to enter U.S. cosmetic market

* It will hold a 34.71 percent stake(6,896,831 shares) in target company after transaction

Source text in Korean : goo.gl/nNvSzr

Further company coverage: (Beijing Headline News)

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