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Asahi Glass Ups Stake in S. Korean Glass Maker to 51 Pct

Asahi Glass Co. <5201> said Tuesday that it has raised its equity stake in Hankuk Electric Glass Co. of South Korea to 51.47 pct from 42.76 pct through a tender offer.

In the tender that ran from Nov. 2 to last Wednesday, Asahi Glass purchased some 703,000 Hankuk shares for 21.1 billion won, the company said.

Read the entire story on the source link below.


November 29th, 2007
Source: Japancorp.net


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