Hyosung Chemical Acquires 27.3% Stake in Polyphenol Factory for 3 Billion KRW
Hyosung Chemical announced on the 30th that it will acquire a 27.27% stake (24,900 shares) in Polyphenol Factory, a functional cosmetics manufacturing and sales company, for approximately 3 billion KRW.
The acquisition will be made entirely in cash, with the expected acquisition date set for September 23.
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Hyosung Chemical stated that the purpose of this stock acquisition is "expectation of future investment returns."
This content was produced with the assistance of AI translation services.
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