S.Korea Doosan seeks to buy Czech firm for $633 mln

Sun Jun 21, 2009 7:30pm EDT
 
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SEOUL, June 22 (Reuters) - South Korea's Doosan Group is seeking to buy Czech turbine maker Skoda Power in a deal expected to be worth about 800 billion won ($632.8 million), a spokesman at Doosan Corp (000150.KS) said on Monday.

"Our group is pursuing the deal, but details such as which unit in Doosan Group would acquire (Skoda Power) have yet to be set," the spokesman said. ($1=1264.2 Won) (Reporting by Rhee So-eui, Editing by Dean Yates)

 

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