LG H&H Co., Ltd. (KOSE:A051900) agreed to acquire 75.001147% stake in VIVAWAVE Co., Ltd. for KRW 42.5 billion on September 25, 2023. VIVAWAVE Co., Ltd. reported Total assets worth KRW 11.2 billion, Total debt of KRW 2.1 billion and Net Loss of KRW 2.2 billion in December 31, 2022. The transaction is expected to close on October 20, 2023. The transaction is expected to close on October 10, 2023. As of October 20, 2023, The transaction is expected to complete on November 30, 2023.

LG H&H Co., Ltd. (KOSE:A051900) completed the acquisition of 75.001147% stake in VIVAWAVE Co., Ltd. on November 20, 2023.