DoubleU Games Decides to Acquire Subsidiary Shares in Cash Worth 67.9 Billion KRW
[Asia Economy Reporter Minwoo Lee] DoubleU Games announced on the 6th that it has decided to acquire 161,927 shares of its affiliate DoubleDown Interactive worth approximately 67.9 billion KRW in cash. This move is aimed at strengthening control over its core subsidiary. Upon completion of the share acquisition, DoubleU Games' ownership stake in DoubleDown Interactive will reach 67.05%.
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