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Lotte Confectionery Co Ltd to Acquire Rakhat JSC

Monday, 1 Jul 2013 11:48pm EDT 

Lotte Confectionery Co Ltd announced that it will acquire 3,600,000 shares of Rakhat JSC, which is mainly engaged in the production and sales of confectionery, for KRW 177,873,905,060, to expand market. After the transaction, the Company will hold 3,600,000 shares, or 100% of Rakhat JSC. The expected transaction settlement date is December 31, 2013. 

Company Quote

-3000.0 -0.13%
2:00am EDT