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Amicable M&A possibility exposed to multinational corporation
Published: 1998-03-04 10:44:00
Updated: 1998-03-04 10:44:00
Korea government eliminated restrictive provisions in stock markets, allowing foreigners to purchase up to 55% shares of a domestic firm, which provides many ossibilities for domestic pharmaceutical companies to be merged and acquired by foreign capitals. It was known that an M&A with a multinational pharmaceutical corporation already went partially into an agreement stage. It i...
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