# STX selected as preferred bidder to acquire PK Valve

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.

- Type: Acquisition
- Announced: 2020-07-30
- Where: South Korea
- Status: announced
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [STX Corporation](https://endata.com/companies/5807.md) (acquirer)
- [PK Valve Co., Ltd.](https://endata.com/companies/6814.md) (target)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2020073010094494705), 2020-07-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.