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BRIEF-Cosmax to invest 16.76 bln won in SPC Cosmax West for NU-WORLD acquisition
November 13, 2017 / 6:45 AM / 12 days ago

BRIEF-Cosmax to invest 16.76 bln won in SPC Cosmax West for NU-WORLD acquisition

Nov 13 (Reuters) - Cosmax Inc :

* Says it plans to invest 16.76 billion won in Cosmax West, a U.S. SPC company, to buy stake in cosmetic company Nu-World Corporation

* It will hold 50 percent stake in Cosmax West after transaction

Source text in Korean: goo.gl/hZzkmU

Further company coverage: (Beijing Headline News)

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