Naver Acquires 150 Billion KRW Worth of Studio Dragon Shares... 6.3% Stake
[Asia Economy Reporter Buaeri] Naver announced on the 26th that it will acquire 1,877,345 shares of Studio Dragon, a drama production company affiliated with CJ, for 150 billion KRW.
After acquiring the shares, Naver's stake in Studio Dragon will be 6.3%. The scheduled date for the share acquisition is the 10th of next month.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Naver stated that the purpose of this share acquisition is "to strengthen and maintain a strategic business partnership."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
