SK Telecom acquires stake in Hana Card

SK Telecom says that its board decided to take over a 49% stake (or 57,647,058 shares) in Hana Card Co. for some KRW 400 billion ($355 million). The deal will make SK Telecom the second largest shareholder of Hana Card after Hana Financial Group Inc with 51% stake. With the deal, the company expects to [...]

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