[Asia Economy Reporter Junho Hwang] SK4 Hospec announced on the 17th that it will withdraw the merger agreement due to Wingsfoot's withdrawal of the preliminary merger examination at the Korea Exchange, which was a prior condition in the merger contract during the merger process with Wingsfoot.



Wingsfoot is a company that supplies shoes from its own trademark brands, domestic exclusive license brands, overseas direct purchase brands, and global brands through multiple sales channels such as directly operated select shops, online, and home shopping, based on its shoe distribution business.


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