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Korea Investment Securities to acquire 1% stake in SK Corp. for 400 billion won
Korea Investment & Securities will acquire a roughly 1 percent stake in SK Corp. for 400 billion won ($296.47 million) through a price return swap agreement. Following the acquisition, its stake in SK Corp. will stand at 0.93 percent. The purchase price is equivalent to 3.57 percent of Korea Investment & Securities’ equity.
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