Nonwovens Industry, December 1st, 1997
Absorbent product manufacturer Procter & Gamble, Cincinnati, OH, will acquire 24.99% of tissue and absorbent product manufacturer Ssangyong Paper, based in Seoul, Korea, through a tender offer to purchase the remaining shares from Korean conglomerate Ssangyong Group, which has controlling interest in the company. Expected to offer P&G a solid entry into the Korean market, the agreement is subject to cust...
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