Deoksan Neolux Acquires 71 Billion KRW Worth of Hyundai Heavy Industries Terbogye Stock
Duksan Neolux announced on the 6th that it has decided to acquire 2,473,488 shares of Hyundai Heavy Industries Turbo Machinery Co., Ltd. from Turbo Machinery Holdings for 71 billion KRW as part of its business diversification efforts.
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The acquisition amount represents 17.57% of total assets, and the ownership stake after acquisition will be 59.69%. The scheduled acquisition date is March 6, 2025.
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