Author: Lalita
-
Yamato Group to Improve Business Structure at Vietnam’s POSCO SS VINA
Japan’s steel making company Yamato Kogyo Group has announced that it has signed a contract with South Korea’s POSCO to improve the business structure of Vietnam SS VINA as a strategic investor. With this agreement, Yamato Kogyo acquires 49% of the total stake in SS VINA whereas POSCO owns the remaining 51%. After the official acquisition, the…