Send E-mail
  • Kolon to merge with subsidiary
    Kolon to merge with subsidiary
    Kolon Industries Co., a Korean textile maker, plans to buy the shares in subsidiary Cambridge Kolon Co. on the market that it doesn’t own.Cambridge Kolon owners will get 782,580 shares of the merged company, or 0.16 share for every one of the existing securities, on May 16, Kolon said in a regulatory filing on Monday. (Bloomberg)
From
Send to
Close Send
Business Industry

Kolon to merge with subsidiary

Feb. 14, 2011 - 18:44 By 황장진
Kolon Industries Co., a Korean textile maker, plans to buy the shares in subsidiary Cambridge Kolon Co. on the market that it doesn’t own.

Cambridge Kolon owners will get 782,580 shares of the merged company, or 0.16 share for every one of the existing securities, on May 16, Kolon said in a regulatory filing on Monday. 

(Bloomberg)
Most Popular