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Asahi Glass Plans to Buy Out Rest of South Korea's Hankuk Electric Glass

Asahi Glass Co. will buy out Hankuk Electric Glass Co. for 55,000 won a share, making the South Korean company a wholly owned unit. Asahi Glass made the announcement today in a press release. Asahi Glass now owns 51 percent of Hankuk Electric Glass.

To contact the editor responsible for this story: Takehiko Kumakura at tkumakura@bloomberg.net

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