DoubleU Games Acquires Additional 90 Billion KRW Worth of DoubleDown Interactive Shares
[Asia Economy Reporter Seongpil Cho] DoubleU Games announced on the 15th that it will additionally acquire 306,539 shares of its software development and supply affiliate DoubleDown Interactive for approximately 90 billion KRW.
After the stock acquisition, DoubleU Games' stake in DoubleDown Interactive will be 100%. The scheduled date for the stock acquisition is the date of the announcement.
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DoubleU Games stated that the purpose of this stock acquisition is "to strengthen management control through the exercise of subscription rights."
This content was produced with the assistance of AI translation services.
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