Contentree Joongang Decides to Acquire 100% Stake in Playtime Group
[Asia Economy Reporter Lee Jung-yoon] Contentsree Joongang announced on the 29th that it has decided to acquire 160,567 shares of Playtime Group, which operates other amusement businesses.
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The acquisition amount is 125 billion KRW, which corresponds to 17.91% of the company's equity capital. The purpose of the acquisition is to enter new business areas and enhance synergy with affiliates. After the acquisition, the shareholding ratio will be 100%.
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