BGF Eco Materials to Acquire Additional 800,000 Shares of BGF Eco Solution
On August 19, BGF Eco Materials announced that it will acquire an additional 800,000 shares of its affiliate BGF Eco Solution for approximately 38.4 billion won.
As a result, BGF Eco Materials will hold a 100% stake in BGF Eco Solution. The scheduled acquisition date is August 31.
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BGF Eco Materials stated that the purpose of the acquisition is "to acquire a stake as a result of the exercise of a put option."
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