Posco Co., Ltd. agreed to acquire a 19.84% stake in Core-Industry Co. Ltd. from POSCO Holdings Inc. (KOSE:A005490) for KRW 7.6 billion on November 4, 2022. Under the terms, Posco will acquire 490,000 share at KRW 15,452 per share.

In related transactions, Posco acquires stake in 57 other companies. The transaction is resolved by the board of Posco and expected to complete in December 2022.