KakaoBank of Korea Corp. agreed to acquire 5.1% stake in Hansae Yes24 Holdings Co., Ltd (KOSE:A016450) for KRW 10 billion on November 12, 2019. The consideration is payable in cash. The transaction is expected to be completed on November 22, 2019.

KakaoBank of Korea Corp. cancelled the acquisition of 5.1% stake in Hansae Yes24 Holdings Co., Ltd (KOSE:A016450) on November 12, 2020.