Quro Holdings Acquires 4.4 Billion KRW Worth of Quro F&B Shares
[Asia Economy Reporter Han Jinju] Quro Holdings announced on the 4th that it will additionally acquire 8,819,971 shares of its coffee specialty subsidiary Quro F&B for approximately 4.4 billion KRW. After the acquisition, Quro Holdings' stake in Quro F&B will be 39.5%.
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The company stated that the purpose of the stock acquisition is "to improve the financial structure and profitability of the affiliate company."
This content was produced with the assistance of AI translation services.
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