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Provider: Reuters Investment Profile
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KC Cottrell Co Ltd to Acquire Korea-based Company
KC Cottrell Co Ltd announced that it will acquire 40,000 shares of a Korea-based company, which is engaged in the ash handling system and pneumatic conveying, for KRW 2,315,173,000. Following the transaction, the Company will hold a 100% stake in the target company. The transaction is expected to settle on June 5, 2013.
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