POSCO International 'Additional acquisition of US subsidiary shares for 532.9 billion won'

POSCO International 'Additional acquisition of US subsidiary shares for 532.9 billion won'

(SEOUL=Yonhap News) KOSPI-listed POSCO International [047050] announced on the 14th that it would acquire an additional 2,000 shares of its US resource development subsidiary (POSCO International E&P USA) for approximately 532.9 billion won.

After the acquisition, the shareholding will be 100%. The scheduled acquisition date is the disclosure date.

POSCO International stated that the purpose of this share acquisition is "to acquire US shale gas assets."

※ This article was automatically generated by an algorithm based on disclosure data provided by Yonhap Infomax and has undergone editorial review.