| 31.08.2010 - POSCO closes 2.8 bln dollar deal for trading firm |
| From AFP: South Korea's top steelmaker POSCO signed a final deal Monday to buy a 68 percent stake in trading and energy firm Daewoo International for 3.37 trillion won (2.83 billion dollars), officials said. The purchase is seen as helping POSCO, the world's fourth largest steel firm, to secure a steady supply of raw materials and develop new revenue streams..............................................Full Article: Source |