Hahn & Co. No. 23 Co., Ltd. agreed to acquire 19.33% stake in Lutronic Corporation (KOSDAQ:A085370) from Hahn & Co.

No. 23 Co., Ltd for approximately KRW 190 billion on June 8, 2023. As per the transaction, Hahn & Co.

No. 23 Co., Ltd will acquire 5.15 million shares of Lutronic Corporation at KRW 36,700 per share. The transaction is expected to close on July 18, 2023.