Asia Cement acquires Halla Cement for W365.1 billion

Asia Cement announced it has decided to acquire a 100% stake in Halla Cement for 365.1 billion won (US$335.29 million) to strengthen competitiveness in the cement industry.

“Asia Cement (183190) announced on Dec. 11 that it has decided to acquire 100 percent stake in Halla Cement at 365.1 billion won (US$335.29 million) 'to strengthen competitiveness in cement industry.'”koreaherald.com

• 2 sources
• koreaherald.comAsia Cement acquires Halla Cement at W365.1b - The Korea Herald황유미Dec 12, 2017
• marketscreener.comAsia Cement Co.,Ltd. completed the acquisition of Halla Cement Corp. from Baring Private Equity Asia and other sellers for approximately KRW 380 billion. | MarketScreenerS&P Capital IQJan 16, 2018

Summarized from public sources; check the original articles before acting on it.