Hyundai G.F. Holdings Co., Ltd. (KOSE:A005440) offered to acquire a 29.89% stake in Hyundai Green Food Co., Ltd (KOSE:A453340) for KRW 130 billion on July 7, 2023. Hyundai G.F. Holdings Co., Ltd will issue approximately 35.44 million shares in exchange for approximately 10.12 million shares of Hyundai Green Food. The offer will commence on August 11, 2023, and close on September 1, 2023.

Hyundai G.F. Holdings Co., Ltd. (KOSE:A005440) completed the acquisition of 29.89% stake in Hyundai Green Food Co., Ltd (KOSE:A453340) on September 6, 2023.