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Shareholders approve Dong-A Pharm’s split-off plan

Published: 2013-01-30 07:00:00
Updated: 2013-01-30 07:00:00
Dong-A Pharm’s shareholders gave the green light on Monday to a corporate reorganization highlighted by spinning off the company’s lucrative energy drink and over-the-counter drugs businesses.

Present shareholders of 73 percent of the firm’s stake approved Dong-A’s plan to split itself into two business corporations that make prescription drugs (Dong-A ST) and over-the-counter drugs (Dong-A ...

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