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Korean Air Line subsidiary to sell stake in S-Oil Corp.


Wednesday, 2 Jul 2014 02:01am EDT 

Korean Air Line Co., Ltd:Says its subsidiary, Hanjin Energy Co.,Ltd., will sell entire 31,983,586 shares of S-Oil Corp. (target company), which is engaged in the manufacturing of petroleum products, to adjust financial structure.Transaction price of 1,982,982,332,000 won.The subsidiary will hold 0 pct in the target company, after the transaction. 

Company Quote

45600.0
-650.0 -1.41%
23 Sep 2014