Classys Acquires 18% Stake in Iruda Through 40.4 Billion KRW Stock Purchase
Classys announced on the 4th that it will acquire 3,680,918 shares of Iruda Co., Ltd. for a total of 40.4 billion KRW. The acquisition amount represents approximately 17.64% of Classys' equity capital, and Classys will own 18% of Iruda's shares.
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The purpose of the acquisition is to establish a strategic partnership and create synergy with existing businesses, and the scheduled acquisition date is yet to be determined.
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