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 | ||
5,560 KRW | -0.89% | -1.77% | -18.83% |
1st Jan change | Capi. | |
---|---|---|
-18.83% | 278M | |
-2.03% | 74.28B | |
+0.05% | 46.91B | |
+2.38% | 32.93B | |
+9.16% | 17.78B | |
-6.58% | 12.09B | |
-0.23% | 10.66B | |
+1.92% | 9.55B | |
+4.35% | 8.28B | |
-10.27% | 8.08B |
- Stock Market
- Equities
- A001390 Stock
- News KG Chemical Corporation
- KG And Cactus Reportedly Seek To Acquire Dongbu Steel