SsangYong Cement Industrial's largest shareholder further solidifies position
By 황유미Published : June 30, 2016 - 08:47
[DISCLOSURE] SsangYong Cement Industrial (003410) announced on June 29 that its largest shareholder Hahn & company has decided to acquire entire stake owned by the second largest shareholder Taiheiyo Cement.
The investment company established by private equity fund manager purchased 25,989,010 shares from the holding company of the Japanese cement company, increasing its stake to 79.2 percent from 46.8 percent.
The investment company established by private equity fund manager purchased 25,989,010 shares from the holding company of the Japanese cement company, increasing its stake to 79.2 percent from 46.8 percent.