Shinsegae Acquires 76.08% Stake in Shinsegae Live Shopping... Worth 83.8 Billion KRW
[Asia Economy Reporter Park Jihwan] Shinsegae announced on the 3rd that it will acquire 11.26 million shares of its affiliate Shinsegae Live Shopping to diversify its business through strengthening digital platform capabilities.
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After the acquisition, the shareholding ratio will be 76.08%. The acquisition amount is approximately 83.8 billion KRW.
This content was produced with the assistance of AI translation services.
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