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Doosan Infracore Co Ltd (042670.KS)

042670.KS on Korea Stock Exchange

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27 Jun 2016
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Tue, Mar 1 2016

Doosan Infracore to sell machine tools business to MBK for about $956 mln-Chosun Biz

SEOUL, March 2 South Korea's Doosan Infracore Co Ltd is close to selling its machine tools business to private equity firm MBK Partners for 1.18 trillion won ($955.62 million), South Korean media reported on Wednesday.

UPDATE 1-S.Korea's Doosan Bobcat plans IPO on North America housing market hopes

* 2015 stake sale valued company at more than $2 bln -analysts

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