OCI Acquires Additional 53.7 Billion KRW Worth of P&OChemical Shares
KOSPI-listed company OCI announced on the 26th that it will additionally acquire 10,735,500 shares of P&OChemical, a basic inorganic chemical manufacturing company, for approximately 53.7 billion KRW.
After the acquisition, the shareholding ratio will be 100%.
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OCI stated that the purpose of this stock acquisition is to "create synergy with existing businesses."
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