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Hoban completed the acquisition of a 40% stake in Taihan Electric Wire for 252 billion won ($223 million), becoming the largest shareholder. Taihan changed its English name to Taihan Cable & Solution.
“Hoban completed the acquisition of Taihan Electric Wire, a domestic power cable and grid infrastructure company capable of producing an ultra-high-voltage power cable system.”ajupress.com
Summarized from public sources; check the original articles before acting on it.