Netmarble preferred bidder for S.Korean water purifier rental firm stake

Woongjin Co

14/10/2019 02:05

SEOUL, Oct 14 (Reuters) - South Korean gaming firm Netmarble
 251270.KS  said on Monday that it has been chosen as the
preferred bidder for a 25% stake in rental firm Woongjin Coway
 021240.KS . 
    South Korea's Woongjin Group said in June that it would sell
a 25.08% stake in water purifier rental firm Woongjin Coway,
just three months after the group regained control of the unit
for 1.89 trillion won ($1.60 billion).  urn:newsml:reuters.com:*:nL4N23X5D5
($1 = 1,184.9000 won)

 (Reporting by Hyunjoo Jin; Editing by Muralikumar Anantharaman)
 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters
Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))