STraffic Delays LS Electric Rail Signaling Business Acquisition to Nov. 5
Bitget2026/10/29 06:44- STraffic delayed its KRW 74.54 billion acquisition of LS Electric's railway signaling business to Nov. 5, 2026, from Oct. 29.
- The correction reflects additional time needed for asset transfers and employee departure processing.
- The KRW 3 billion first balance payment remains scheduled for Dec. 31, 2026, under the contract's deferred-payment terms.
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