DaouKiwoom-CJ consortium to sign deal to acquire JoongAng Ilbo this week
A consortium comprising CJ, Shinsegae and two other companies will sign a deal Thursday to acquire debt-laden South Korean newspaper publisher JoongAng Ilbo, the company said Wednesday. Under the deal, the DaouKiwoom-CJ consortium will purchase 520 billion won ($388 million) worth of new shares in JoongAng Ilbo, with Daou Technology, CJ, Shinsegae and Saramin contributing 36.5 percent, 35.7…
Read original article on Korea Times News →Related news
-
Korea will not be affected by NASA's Swift telescope crashing back to earth: KASA
Science
Space
Outer Space
-
Korea Zinc Q3 net income soars 218.6% to $167.9 mil.
Business
Corporate
South Korea
-
Subcommittee passes special counsel bill on alleged fabricated indictments involving Lee
Politics
Government
South Korea
-
Wiz pitcher Allen taking role changes in stride: 'I am ready to do whatever team needs'
Sports
Combat Sports
South Korea
-
Lee voices need to revise outdated Constitution, says assembly should take lead
Politics
Government
South Korea
-
Hyundai Motor to showcase hydrogen technologies at local expo
Technology
South Korea
-
Korea experiences 5th warmest Oct. this year
Environment & Nature
Climate
South Korea
-
'They just need a chance': Mother of twins with autism calls for more inclusive schools
Health
Mental Health
South Korea