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[Alpha Biz=(Chicago) Reporter Paul Lee] Woori Financial Group, a KOSPI-listed company, announced on the 15th that it will acquire an additional 58,646,999 shares of its subsidiary Woori General Finance. It is about 500 billion won.
If the company acquires shares on the 21st, Woori Financial Group's stake in Woori General Finance will be 100%.
Woori Financial Group said, "We will strengthen our operating competitiveness and lay the foundation for mid- to long-term sustainable growth by expanding capital of subsidiaries."
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
