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BRIEF-Tonymoly to buy 80 pct stake in research and development firm for 3.0 bln won
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January 29, 2018 / 10:31 AM / 3 months ago

BRIEF-Tonymoly to buy 80 pct stake in research and development firm for 3.0 bln won

Reuters Staff

1 Min Read

Jan 29 (Reuters) - Tonymoly Co Ltd :

* Says it plans to buy 344,000 shares of a research and development company for 3.0 billion won

* It will hold a 80 percent stake(344,000 shares) in target company after transaction

Source text in Korean: goo.gl/TQvq8B

Further company coverage: (Beijing Headline News)

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