SEOUL, April 8 (Reuters) - South Korean steelmaker Hyundai Steel said on Wednesday it has decided to acquire sister company Hyundai Hysco on July 1 "to enhance management efficiency".
Hyundai Steel said in a regulatory filing it plans to offer 0.8577607 of its shares for every stock in Hyundai Hysco, which operates overseas steel service centres that supply to automakers like Hyundai Motor.
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