KT Corporation (KOSE:A030200) and Daishin Private Equity Co., Ltd. signed a Stock Purchase Agreement to acquire Epsilon Global Communications Pte. Ltd. from The Kuok Group, Stone Family and others for approximately $150 million on September 8, 2021. In financial year 2020, Epsilon generated the revenue of KRW 59 billion ($50.6 million). UBS Group AG (SWX:UBSG) acted as financial advisor to KT Corporation. Lincoln International LLC acted as financial advisor to the company. KT Corporation (KOSE:A030200) and Daishin Private Equity Co., Ltd. completed the acquisition of Epsilon Global Communications Pte. Ltd. from The Kuok Group, Stone Family and others on September 9, 2021.