Hanil Cement Co, a South Korean cement manufacturer, said Wednesday it will sell its entire stake in a leading domestic corporate credit appraiser to international credit appraiser Fitch Ratings.

The stake involves 1,565,696 shares worth 46.97 billion won (US$50.12m), representing 34.48 per cent of the entire shares of Korea Ratings (KR), Hanil said in a public notice.
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