[Asia Economy Reporter Minwoo Lee] Taewoong Logics announced on the 10th that it will acquire 60,000 shares of GLS Korea, a freight transportation brokerage company, for approximately 6.8 billion KRW. With this, Taewoong Logics' stake in GLS Korea will reach 100%.
Taewoong Logics explained the acquisition background as "securing growth engines through business diversification and synergy creation."
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