Chosun Refractories, a KOSPI-listed company, announced on the 24th that it has agreed to acquire 498,500 shares of City Investment, a management consulting firm, for 39.9 billion KRW.


After the acquisition, the shareholding ratio will be 100%.



The company stated that the purpose of the acquisition is "business diversification and securing new growth engines."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing