CJ Freshway Corporation (KOSDAQ:A051500) agreed to acquire concession business of CJ Foodville Co., Ltd. for KRW 3.8 billion on April 10, 2018. As per terms, transaction includes 6 sites and personnel of the concession business. The Board of Directors resolved the transaction on April 10, 2018. The transaction is expected to complete on May 1, 2018. CJ Freshway Corporation (KOSDAQ:A051500) cancelled the acquisition of concession business of CJ Foodville Co., Ltd. on April 10, 2019.