Hanil Cement and LK Investment named preferred bidders for Hyundai Cement

Hanil Cement and LK Investment Partners were named preferred bidders to acquire an 84.56% stake in Hyundai Cement for KRW 650 billion (US$567 million). The deal would make Hanil the largest cement producer in South Korea.

“Hanil Cement Company and LK Investment Partners have been named as the preferred bidders to acquire Hyundai Cement.”cemnet.com

• 2 sources
• cemnet.comSouth Korea: preferred bidders named in US$567m Hyundai dealICR NewsroomFeb 17, 2017
• etoday.co.kr현대시멘트, ‘한일-LK’ 품으로…주식매매계약 체결 - 이투데이Mar 31, 2017

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