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Korea Tobacco and Ginseng Corp. acquired Yungjin.
Published: 2003-08-18 06:58:00
Updated: 2003-08-18 06:58:00
KT&G announced on Aug. 12 in the board of director's meeting that they decided to invest 14.6 billion won for an acquisition of Yungjin pharmaceutical company for the purpose of building up the basic foundation of the future bio-science industrial development.
The KT&G's acquisition of Yungjin was proceeded with a way of the capital increase by the third party and seemed to be finally conclu...
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