Woori Financial Group Purchases Woori Financial Capital Shares via 'Block Deal'... Stake Reaches 86.9%
[Asia Economy Reporter Song Seung-seop] According to the disclosure on the 19th, Woori Financial Group acquired a 12.85% stake in Woori Financial Capital from Aju Industry.
The sale was conducted entirely through a block deal (large volume transaction outside regular trading hours) after the market closed on the 15th. A total of 7,395,000 shares were acquired at a price of 11,000 KRW per share.
Hot Picks Today
"Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- Ebola Outbreak With No Vaccine or Treatment Sparks Fears: "One American Infected"
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Woori Financial Capital is a subsidiary of Woori Financial Group and is responsible for microfinance operations. With this transaction, Woori Financial Group's stake in Woori Financial Capital increased to 86.9%.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
