Hybe transfers 2.47% Dunamu stake to HYBE Americas for new shares
Bitget2026/10/27 07:50- Hybe will transfer its entire 2.47% Dunamu stake to wholly owned subsidiary HYBE Americas in a KRW 378.2 billion transaction.
- The in-kind contribution comprises 861,004 Dunamu common shares in exchange for newly issued HYBE Americas common shares.
- The board decided on the transfer on October 27, 2026; completion is scheduled for November 30, 2026, subject to conditions.
- The transfer aims to streamline investment asset management.
- HYBE Americas will hold Naver Financial shares upon completion of Dunamu’s comprehensive share exchange, scheduled for March 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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