Home › Kumho Industrial creditors to sell collective stake in firm for $623 million
 

Keywords :   


Kumho Industrial creditors to sell collective stake in firm for $623 million

2015-09-19 09:22:58| Industrial Machines - Topix.net

Creditors of South Korea's Kumho Industrial Co Ltd have agreed to sell their collective majority stake in the firm to the chairman of Kumho's former parent group for 723 billion Korean won , one of the creditor banks said on Friday. Korea Development Bank, in a text message to reporters, said creditors have reached an agreement on the sales price for their collective shares, which amounts to one share more than 50 percent.

Tags: sell million industrial firm

Category:Industrial Goods and Services

Latest from this category

All news
17.05Next MANAchat Series Scheduled for the Week of June 10
15.05Relationship Reviews Strengthening the Partnership Between Manufacturer and Rep
14.05Consolidated Financial Statements for the twelve-month period ended March 31, 2024
14.05Actions to Implement Management that is Conscious of Cost of Capital and Stock Price
Industrial Goods and Services »
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05M&S website and app hit by technical issue
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05Producers to be paid grid premiums for AngusLink beef scores
18.05This Week in Agribusiness, May 18, 2024
18.05This Week in Agribusiness, May 18, 2024
More »