Naver and CJ ENM Acquire 150 Billion KRW Worth of Shares... 5% Stake
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[Asia Economy Reporter Bu Aeri] Naver announced on the 26th that it will acquire 1,095,690 shares of CJENM for approximately 150 billion KRW.
After acquiring the shares, Naver's stake in CJENM will be 5%. The scheduled date for the share acquisition is the 27th.
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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.
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