DTR Automotive Decides to Acquire Additional GMT Holdings Shares Worth 120.2 Billion KRW
[Asia Economy Reporter Jang Sehee] DTR Automotive announced on the 24th that it has decided to additionally acquire 4,809,267 shares of its affiliate GMT Holdings to secure funds for the acquisition of Doosan Machine Tools.
The acquisition amount is 120.23167 billion KRW, which corresponds to 18.37% of its equity capital.
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After the acquisition, the shareholding ratio will be 100% (4,811,267 shares), and the scheduled acquisition date is the 25th.
This content was produced with the assistance of AI translation services.
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