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Ilyang's Affiliates 'IY P&F' Sold to Lotte

Published: 2001-07-31 06:58:00
Updated: 2001-07-31 06:58:00
IY P&F, the affiliates of Ilyang Pharmaceutical Co., has been sold to Lotte Confectionery Co.

Ilyang Pharmaceutical Co. decided to sell off 28 percent of IY P&F's stake in Lotte Confectionery Co. amounting to 84,000 shares for 688.8 million, holding the board of directors with respect to the contract for its stocks transfer on July 24.

Total sales including all private investors' stake...

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