KG Chemical Corporation (KOSE:A001390) is close to purchasing Dongbu Steel Co., Ltd. (KOSE:A016380), according to its major creditor. The Korea Development Bank Dongbu Steel's largest shareholder said it had selected a consortium comprised of KG Chemical and Cactus Private Equity Co., Ltd. as the preferred bidder for the steelmaker. The deal is valued at around KRW 500 billion ($440.84 million).
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
5,460 KRW | +0.55% | -0.73% | -20.29% |
1st Jan change | Capi. | |
---|---|---|
-20.29% | 272M | |
-0.19% | 74.89B | |
+0.09% | 46.52B | |
-4.19% | 30.82B | |
+9.85% | 18.19B | |
-10.05% | 11.54B | |
+6.39% | 11.24B | |
-8.09% | 9.73B | |
+2.79% | 9.4B | |
+6.35% | 9.37B |
- Stock Market
- Equities
- A001390 Stock
- News KG Chemical Corporation
- KG And Cactus Reportedly Seek To Acquire Dongbu Steel