CS Wind Corporation (KOSE:A112610) agreed to acquire EGE Towers for KRW 7.2 billion on May 10, 2018. CS Wind will acquire 0.05 million shares as part of the deal and payment will be made in cash. EGE Towers reported total assets of KRW 11.7 billion, net assets of KRW 80 million, sales of KRW 4.3 billion and net profit of KRW 328 million for the year 2017. The Board of CS Wind resolved in favor of the deal on the same date. The transaction is subject to fulfillment of corporate and regulatory requirements and expected to close by the end of May 2018. As of May 30, 2018, an amendment agreement was signed as per which the consideration was revised to KRW 9.4 billion and the deal is expected to close as of May 30, 2018. Togan Turan, Serdar Ildirar and Ece Sarica of Paksoy Ortak Avukat Burosu acted as legal advisors of CS Wind Corporation. Ernst & Young Global Limited acted as an accountant to CS Wind Corporation. Reimei Global Advisors acted as the exclusive financial advisor to CS Wind. Ventura Partners acted as exclusive financial advisor to the shareholders of Ege Towers. CS Wind Corporation (KOSE:A112610) completed the acquisition of EGE Towers as of June 2018. The corporate and regulatory requirements are satisfied.