KT Acquires 50 Billion KRW Worth of Shares in Hyundai Robotics
[Asia Economy Reporter Geum Bo-ryeong] KT announced on the 16th that it will acquire 888,889 shares of Hyundai Robotics for 50 billion KRW to strengthen business synergy in the smart factory and robotics sectors.
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After acquiring the shares, KT's stake in Hyundai Robotics will be 10.00%. The scheduled date for the share acquisition is the 26th of this month.
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