[Asia Economy Reporter Song Seung-yoon] GS announced on the 14th that its subsidiary GS Energy will additionally acquire 27 million shares of its affiliate GS Power for 710 billion KRW.


After the stock acquisition, GS Energy's stake in GS Power will be 100%. The scheduled date for the stock acquisition is February 28 of next year.



GS explained the purpose of this stock acquisition as "strengthening the management control of the subsidiary."


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