CJ ENM CO., Ltd. acquired an unknown minority stake in Toons Family Co., Ltd. from Dong Woo Kim for KRW 18.56 billion.
October 24, 2022
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CJ ENM CO., Ltd. (KOSDAQ:A035760) agreed to acquire unknown minority stake in Toons Family Co., Ltd. from Dong Woo Kim for KRW 18.56 billion on October 24, 2022. Post completion, CJ ENM CO., Ltd. will own 100% shares in Toons Family Co., Ltd..
CJ ENM CO., Ltd. (KOSDAQ:A035760) completed the acquisition of unknown minority stake in Toons Family Co., Ltd. from Dong Woo Kim for KRW 18.56 billion on October 24, 2022
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.
CJ ENM CO., LTD. 
