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SaAH Besteel to acquire POSCO Specialty Steel
SeAH Besteel announced that it will acquire 52.3 percent of POSCO Specialty Steel Co., Ltd. shares from POSCO for KRW 567,215 million. POSCO Specialty Steel, headquartered in Changwon, is capitalized at KRW 180,321 million. Its sales reached KRW 1,316,781 million in 2013. (From a press release on December 4, 2014)
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