ILJIN Materials Co., Ltd. (KOSE:A020150) acquired 65.7% stake in Iljin International Co., Ltd. for KRW 6.4 billion on November 29, 2013. Under the terms of transaction, ILJIN Materials purchased 0.4 million shares and as a result of transaction, it holds 0.49 million shares of Iljin International, representing 79.4% stake.

ILJIN Materials Co., Ltd. (KOSE:A020150) completed the acquisition of 65.7% stake in Iljin International Co., Ltd. on November 29, 2013.