Shinsegae Inc. (KOSE:A004170) agreed to acquire 28.25% of stake in Shinsegae Live Shopping Co., Ltd. from SHINSEGAE Information & Communication Co., LTD (KOSE:A035510) for KRW 83 billion on March 3, 2022. As of July 29, 2022, The transaction is expected to complete on July 29, 2022.

Shinsegae Inc. (KOSE:A004170) completed the acquisition of 28.25% of stake in Shinsegae Live Shopping Co., Ltd. from SHINSEGAE Information & Communication Co., LTD (KOSE:A035510) on July 29, 2022.