Aigenet Acquires 1 Billion KRW Worth of PeopleSoft Shares... 19% Stake
IGNet announced on the 17th that it will acquire 2,350 shares of software development company PeopleSoft for 1 billion KRW. After the acquisition, IGNet's stake in PeopleSoft will be 19.02%. The scheduled acquisition date is the 18th.
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The company stated that the purpose of the acquisition is "to secure business competitiveness through synergy creation with existing businesses."
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