Announced
Financials
Sources
Tags
South Korea
Pending
digital content provider
content creation company
Acquisition
Single Bidder
content creation
Private Equity
Minority
Friendly
Entertainment
Public
Synopsis
Anchor Equity Partners, a South Korea-focused private equity firm, is set to acquire a 13% stake in Kakao M, a content producer for $168m. The private equity firm bought the shares for $146 apiece in a third-party allotment, with the transaction valuing Kakao M at more than $1.3bn.
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