Shinsegae affiliates to acquire SSG.com stake from financial investor
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Source: South Korea
Published: 2026-06-11 16:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
SEOUL, June 11 (Yonhap) -- Shinsegae Inc. and E-Mart Inc., key affiliates of retail conglomerate Shinsegae Group, said Thursday they will acquire the entire stake in the group's e-commerce affiliate SSG.com held by a financial investor in a deal valued at about 1.27 trillion won (US$785 million).
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