Cheil Worldwide Inc. (KOSE:A030000) agreed to acquire additional 64.5% stake in Samsung Lions Co., Ltd. from Samsung Electronics Co. Ltd. (KOSE:A005930), Samsung Electro-Mechanics Co. Ltd. (KOSE:A009150), Samsung C&T Corporation (KOSE:A028260) and Samsung SDI Co. Ltd. (KOSE:A006400) for approximately KRW 680 million on December 11, 2015. Under the terms of the agreement, Cheil Worldwide will acquire 0.13 million share at KRW 5240 per share. After the transaction complete Cheil Worldwide will hold 0.135 million shares which represents 67.5% stake in Samsung Lions.

Cheil Worldwide Inc. (KOSE:A030000) completed the acquisition of additional 64.5% stake in Samsung Lions Co., Ltd. from Samsung Electronics Co. Ltd. (KOSE:A005930), Samsung Electro-Mechanics Co. Ltd. (KOSE:A009150), Samsung C&T Corporation (KOSE:A028260) and Samsung SDI Co. Ltd. (KOSE:A006400) in January 2016.