November 29, 2016 / 8:30 AM / 8 months ago

BRIEF-S-Mac to buy stake in Osung LST for 10 bln won

1 Min Read

Nov 29 (Reuters) - S-Mac Co Ltd :

* Says it will buy 20 million shares of Osung LST Co Ltd , a display firm, for business diversity and synergy effect

* Says transaction amount is 10 billion won

* Says it will hold 27.8 percent stake(40 million shares) in Osung LST Co Ltd, after the transaction

Source text in Korean: goo.gl/bVRjpG

Further company coverage: (Beijing Headline News)

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