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Digital Ocean to buy wooridul Pharma

Published: 2011-01-12 06:56:00
Updated: 2011-01-12 06:56:00
Digital Ocean said it has agreed to buy Wooridul Pharmceutical at 18 billion won in a deal, heralding the return of Kang Moon-seok, incumbent president of Digital Ocean and ex-vice chairman of Dong-A Pharmaceutical.

Digital Ocean said Monday that it signed a contract to buy 17 million shares (30 percent). The price is 1,072 won per share, which is close to what the current shareholder had wa...

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