Woori Financial Group Acquires Additional 500 Billion KRW of Woori Comprehensive Financial Shares... 100% Stake
Woori Financial Group, a KOSPI-listed company, announced on the 15th that it will additionally acquire 508,646,999 shares of its subsidiary Woori Comprehensive Financial. The amount is approximately 500 billion KRW.
Upon acquiring the shares on the 21st, Woori Financial Group's stake in Woori Comprehensive Financial will reach 100%.
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Woori Financial Group stated that the purpose is to "strengthen business competitiveness through capital expansion of the subsidiary and to establish a foundation for sustainable mid- to long-term growth."
This content was produced with the assistance of AI translation services.
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