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STX was notified on July 29, 2020 that it has been selected as the preferred bidder for the acquisition of PK Valve Co., Ltd. Final details have not yet been announced.
“STX announced on the 30th that it received notification on the 29th that it has been selected as the preferred bidder for the acquisition of PK Valve Co., Ltd.”asiae.co.kr
Summarized from public sources; check the original articles before acting on it.