Vidente Co., Ltd. acquired additional 5.6% stake in ACOM STUDIO Co., Ltd. from Barth Co., Ltd for KRW 4.5 billion.
September 21, 2018
Share
Vidente Co., Ltd. (KOSDAQ:A121800) acquired additional 5.6% stake in ACOM STUDIO Co., Ltd. (KOSDAQ:A066410) from Barth Co., Ltd for KRW 4.5 billion on September 19, 2018. A total of 3.5 million shares were acquired for KRW 1,280 per share. Shares owned by Vidente in ACOM increased from 4.69 million to 8.19 million as part of the deal.
Vidente Co., Ltd. (KOSDAQ:A121800) completed the acquisition of additional 5.6% stake in ACOM STUDIO Co., Ltd. (KOSDAQ:A066410) from Barth Co., Ltd on September 19, 2018.
Vidente Co., Ltd., formerly Seven Star Works Co., Ltd., is a Korea-based company mainly engaged in the manufacturing and marketing of high definition (HD) video equipment for digital broadcast. The Companyâs products portfolio consists of viewfinder monitors, color critical liquid crystal display (LCD) monitors, multi-format monitors, quad-screen monitors, digital visual interface (DVI) and high definition multimedia interface (HDMI) monitors, rack monitors, organic light emitting diode (OLED) monitors, three dimensional (3D) monitors, wall monitors and others. The Company distributes its products within domestic market and to overseas markets, including Germany, Russia, India, Egypt and others. In addition, it engages in the real estate rental business.