Marine cosmetics

Korea Display System has announced that it will acquire Marine Cosmetics for $9.59m. The amount will be paid through a combination of cash, treasury and notes and will be retrieved by the acquiring company from its reserves.

Korea Display System is a semiconductor testing equipment manufacturing company based in South Korea, whereas Marine Cosmetics is a South Korean company involved in manufacturing of beauty products.

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Image: South Korean beauty products manufacturing company Marine Cosmetics has been acquired by Korea Display System. Photo: courtesy of WerbeFabrik.