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DAEDONG CO., LTD. to Acquire China-based Company

Tuesday, 19 Nov 2013 02:29am EST 

DAEDONG CO., LTD. announced that it has decided to acquire a 100% stake in a Suzhou-based casting and mold manufacturing company in China, for KRW 414,381,800, to strengthen its competitiveness in China market. The expected transaction settlement date is December 9, 2013. 

Company Quote

11:11pm EDT