The Korea Herald

피터빈트

Rayence acquires OSKO in US for US$2m

By 윤정현

Published : Sept. 22, 2016 - 16:19

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[DISCLOSURE] Rayence (228850), a manufacturer of medical and veterinary X-ray detector products, said on Sept. 22 that it has acquired the entire 78,791 shares of OSKO, a US X-ray manufacturing company, worth 2.29 billion won (US$2.07 million). 

This amounts to 1 percent of its equity capital. OSKO will become a stronghold for its business expansion in Central and South America, the company said.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)