Daehan New Pharm Co., Ltd. (KOSDAQ:A054670) acquired an additional 8% stake in Baverstock GmbH for KRW 12.9 billion on September 22, 2015. Daehan New Pharm acquired 1600 shares. Daehan New Pharm acquired 8% stake in Baverstock in return for selling 6.97% equity in Galaz Energy B.V. Post acquisition, Daehan New Pharm holds 25% stake in Baverstock.

Daehan New Pharm Co., Ltd. (KOSDAQ:A054670) completed the acquisition of an additional 8% stake in Baverstock GmbH on September 22, 2015.