Interpark Sells to Yanolja for 294 Billion KRW After Physical Division
[Asia Economy Reporter Yoo Byung-don] Interpark announced on the 28th that it has decided to spin off its e-commerce division and sell a 70% stake to Yanolja for 294 billion KRW.
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The company explained the purpose of the sale as "to improve financial structure and secure funds for discovering new growth engines."
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