Baverstock GmbH acquired 6.97% stake in BNG Energy BV from Daehan New Pharm Co., Ltd. (KOSDAQ:A054670) for KRW 7.3 billion on November 23, 2016. Baverstock GmbH acquired 1,255 shares of BNG Energy in the deal. Baverstock GmbH issued its 1.5% of stock and paid KRW 4.8 billion ($4.1 million) in cash. Following the acquisition, Daehan New Pharm will not hold any stake in BNG Energy. The Board of Daehan New Pharm resolved the deal on November 23, 2016. The conversions were done through www.oanda.com. Baverstock GmbH completed the acquisition of 6.97% stake in BNG Energy BV from Daehan New Pharm Co., Ltd. (KOSDAQ:A054670) on November 23, 2016.