Goldman Sachs eyes Tmap Mobility acquisition by year-end

Korea Times News · 40m ago

Business Mergers & Acquisitions South Korea

Goldman Sachs is seeking to acquire a controlling stake in Tmap Mobility, operator of Korea’s leading navigation app, from SK Square by the end of this year, seeing an investment opportunity in its lower valuation and vast trove of mobility data as autonomous driving advances, industry sources said Friday. For SK Square, SK Group’s investment arm and the largest shareholder of SK hynix, the sale…

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Goldman Sachs eyes Tmap Mobility acquisition by year-end

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