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(Seoul = Yonhap News) Kiwoom Securities [039490], a KOSPI-listed company, announced on the 7th that it would additionally acquire 8,532,256 shares of Posco International, a commodity brokerage firm, for approximately 472.7 billion won.
After the acquisition of shares, Kiwoom Securities' stake in Posco International will be 4.9%. The scheduled date for the share acquisition is the 7th of next month.
Kiwoom Securities stated that the purpose of this share acquisition is "acquisition of equity according to internal investment decision-making."
※ This article was automatically generated by an algorithm based on public disclosure data provided by Yonhap Infomax and has undergone editor's desk checking.
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