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P & G in attempt to enter Korean market

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Published in issue 45/1997
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The US tissue producer Procter & Gamble (P & G), Cincinnati, Ohio, intends to enter the tissue and towel market in Korea by acquiring the Seoul-based tissue manufacturer Sangyong Paper. P & G said that it had reached an agreement to purchase 24.99% of the company, which is the maximum allowed in Korea without a tender ...

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