Chungjung Food Corporation agreed to acquire Daesang Bestco Co., Ltd. from Daesang Corporation (KOSE:A001680) and others on August 28, 2015. Daesang Bestco will be dissolved after the merger. The transaction is expected to close on October 1, 2015. Chungjung Food Corporation cancelled the acquisition of Daesang Bestco Co., Ltd. from Daesang Corporation (KOSE:A001680) and others on August 28, 2016.