S.M. Entertainment Co., Ltd. (KOSDAQ:A041510) agreed to acquire 17.7% stake in IB Worldwide Inc. (KOSE:A011420) for KRW 10 billion on August 26, 2015. The deal is expected to close by September 7, 2015.
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- S.M. Entertainment Co., Ltd. agreed to acquire 17.7% stake in IB Worldwide Inc. for KRW 10 billion.