[DISCLOSURE]
SsangYong Cement Industrial (003410) announced on June 29 that its largest shareholder Hahn & company has decided to acquire entire stake owned by the second largest shareholder Taiheiyo Cement.
The investment company established by private equity fund manager purchased 25,989,010 shares from the holding company of the Japanese cement company, increasing its stake to 79.2 percent from 46.8 percent.