Split-off of Daewoong Pharm to be finally decided next week

Published: 2002-06-24 07:00:00

Updated: 2002-06-24 07:00:00

Daewoong Pharm said it is deciding to make its split-off plan into two separate units pharmaceutical firm and financial institution and will finally determine the split-off ratio of the two firms at the ratio of between 8:2 or 7:3.

Business sources say that Daewoong Pharm is mulling two options; leaving it into three firms (ethicals & OTCs-oriented firms, financial institution) as a first ...

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