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Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

S&K Polytec to acquire NPD at W20b

By 황유미

Published : Oct. 12, 2016 - 17:23

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[DISCLOSURE] S&K Polytec (091340) announced on Oct. 12 that it will acquire the entire stake of mobile phone parts manufacturer NPD (3.2 million shares) at 20 billion won (US$17.80 million) from Han Bu-yeong and one other to diversify its businesses.

This amounts to 40.86 percent of the company’s equity capital.

(theinvestor@heraldcorp.com)

S&K Polytec to acquire NPD at W20b

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