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THN Decides to Acquire Subsidiary THN Auto Brazil Shares Worth 35.6 Billion KRW

[Asia Economy Reporter Gong Byung-sun] THN announced on the 24th that it has decided to acquire 166,695,971 shares of its subsidiary THN Auto Brazil for 35.6 billion KRW for the purpose of improving its financial structure.


This represents approximately 53.26% of its equity capital. THN Auto Brazil is a manufacturer and seller of automotive parts.


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