December 19, 2016 / 8:35 AM / a year ago

BRIEF-Kolon to buy 69.3 pct stake in unit Kolon Global

Dec 19 (Reuters) - Kolon Corporation :

* Says it will buy 4.3 million shares of Kolon Global, which is engaged in expressway construction

* Says transaction amount is 98.50 billion won

* Says it will hold 69.3 percent stake(14.6 million shares) in Kolon Global after the transaction

Source text in Korean: goo.gl/6994nV

Further company coverage: (Beijing Headline News)

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