Brief: NAVER buys 8.5 pct stake in YG Entertainment
April 4 (Reuters) - YG Entertainment Inc 122870.KQ :
* Says NAVER Corporation 035420.KS has acquired 1.7
million shares of the co, and is holding 8.5 percent stake in
the co, from 0 percent stake
Source text in Korean: https://goo.gl/DxCvna
Further company coverage: 122870.KQ 035420.KS
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: Yinglan.Ma@thomsonreuters.com@reuters.net))
Recent news on YG Entertainment
See all newsBrief: Yg Entertainment Inc. Q2 Operating Profit 11 Billion Won, Up 31% YoY
Kpop's biggest labels consider creating Coachella-style global festival
South Korean entertainment stocks drop on China's unofficial ban on Korean culture
South Korean entertainment stocks jump on reports of K-Pop concert in Hong Kong
Brief: Yg Entertainment Q2 Operating Profit 8.4 Billion Won, Swings To Profit From Year Earlier