Posco Co., Ltd. agreed to acquire a 19% stake in Dangjin SPFC from POSCO Holdings Inc. (KOSE:A005490) for approximately KRW 390 million on November 18, 2022. Under the terms, Posco Co., Ltd. will acquire 163,400 shares at a price of KRW 2,394 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. The transaction is resolved by the board of Posco and expected to complete in December 2022.