South Korea’s Kakao Corp said on Tuesday it will acquire a 9.05% stake in SM Entertainment, an entertainment agency behind K-pop acts including NCT and Aespa, in a deal worth 217.2 billion won ($172.8 million).
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in