Doosan Solus Acquires Additional 80.2 Billion KRW Worth of Shares in Luxembourg Subsidiary
[Asia Economy Reporter Seungjin Lee] Doosan Solus announced on the 23rd that it will additionally acquire 4,863 shares of its Luxembourg holding company affiliate (Doosan Electro-Materials Luxembourg Sarl.) for approximately 80.2 billion KRW.
After the acquisition, the shareholding ratio will be 53.7%. The scheduled date of stock acquisition is the same day as the announcement.
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Doosan Solus stated that the purpose of this stock acquisition is "to enhance the operational efficiency of overseas subsidiaries and improve corporate governance."
This content was produced with the assistance of AI translation services.
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