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Foreign funds eager to acquire Korean pharmaceutical firms

Published: 2009-03-11 06:58:00
Updated: 2009-03-11 06:58:00
The merger and acquisition of Korea’s small- and mid-sized companies is talk of town nowadays amid steep Korean won’s slide.

A number of potential bidders who want these companies will remain a lucrative business in the years to come.

Some foreign funds have expressed strong interest and determination to acquire a small company worth 15 billion won.

“Such drives seem inevitable as fore...

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