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Trade Protectionism Sees Samil Spinning Acquire American Textile Company

Trade Protectionism Sees Samil Spinning Acquire American Textile Company

SEOUL, March 21 (Korea Bizwire) – South Korean textile company Samil Spinning has acquired the American company Buhler Quality Yarns through a stock purchase agreement amid fears of trade protectionism in America, according to the Korea Trade-Investment Promotion Agency (KOTRA). Samil’s cunning move to take over all shares of Buhler Quality Yarns will see the [...]