Daol Financial Group Completes Sale of Daol Investment Shares
Woori Financial Group Completes Payment for Acquisition of Daol Investment
Daol Investment & Securities Secures 212.5 Billion KRW, Improving Financial Stability
Daol Financial Group has completed the sale of Daol Investment. Woori Financial Group paid the full remaining amount for the acquisition of Daol Investment on the 23rd.
Daol Financial Group and Woori Financial Group signed a Stock Purchase Agreement (SPA) last February. The transaction was finalized with the payment of 212.5 billion KRW for 52% of Daol Investment's shares.
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With the completion of the deal, Daol Investment & Securities is expected to secure liquidity, improve financial stability, and strengthen market responsiveness. The funds secured through the sale will be used to enhance business stability and discover new growth engines.
This content was produced with the assistance of AI translation services.
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