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BGF Eco Materials to sell its entire 9,113,891-share stake in KNW to BGF for KRW 81.75 billion. Deal implies a price of KRW 8,970 per share, based on KNW’s Oct. 7 closing price. Transaction set to close Oct. 12 via an after-hours block trade, with cash settlement. Sale would cut BGF Eco Materials’ KNW ownership to 0% f
BGFecomaterials to sell its entire 9,113,891-share stake in KNW to controlling shareholder BGF for KRW 81.75 billion. Deal implies a price of KRW 8,970 per share, based on KNW’s Oct. 7 closing price. Transaction scheduled to close on Oct. 12 via an after-hours block trade, with cash settlement. Divestment cuts BGFecoma