SK Square sells Krafton shares at 243,500 won each to raise $191.5 million, sources say

SK Square Co

23/04/2024 01:22

SYDNEY, April 23 (Reuters) - South Korea's SK Square
 402340.KS  has sold $191.5 million worth of Krafton Inc
 259960.KS  shares at 243,500 won each in a block trade,
according to two sources with direct knowledge of the matter. 
    The sources could not be named because they were discussing
confidential information. 
    Shares in Krafton, the games developer, opened down 6% in
early trade on Tuesday, in line with the discount in the block
trade from their closing price on Monday. 
    SK Square and Krafton did not immediately respond to a
request for comment from Reuters. 

 (Reporting by Scott Murdoch in Sydney and Ju-min Park in Seoul;
Editing by Tom Hogue)
 ((Scott.Murdoch@thomsonreuters.com;))