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THE INVESTOR
September 25, 2018
Big Reunion

Market Now

Doosan Infracore cashes in W143.2b stake in Doosan Bobcat

  • PUBLISHED :December 07, 2017 - 10:48
  • UPDATED :December 07, 2017 - 10:48
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[DISCLOSURE] Doosan Infracore (042670) announced on Dec. 6 that it has decided to sell 4 million shares of its subsidiary Doosan Bobcat (241560) at 143.2 billion won (US$130.93 million) “to strengthen its financial health.”

This amounts to 4.15 percent of its equity capital. 

By Hwang You-mee (glamazon@heraldcorp.com)

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