Naver Decides to Acquire US Webtoon Subsidiary Shares for 204 Billion KRW
[Asia Economy Reporter Minwoo Lee] Naver (NAVER) announced on the 29th that it has decided to acquire 433,669 shares of its U.S. subsidiary Webtoon Entertainment for approximately 204 billion KRW.
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The scheduled date for the stock acquisition is the 11th of next month, and after the acquisition, Naver's stake in Webtoon Entertainment will be 66.6%.
This content was produced with the assistance of AI translation services.
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