SEOUL, South Korea – South Korean music label HYBE, manager of boy band BTS, said on Friday, March 24 it aimed to sell its entire 15.8% stake in K-pop pioneer SM Entertainment for 564 billion won by accepting a tender offer from bidder Kakao.
Kakao, which has big expansion plans in the entertainment industry, launched a tender offer for SM earlier this month to acquire up to 35% at 150,000 won per share after HYBE’s 120,000 won offer failed to win enough investor support. HYBE plans a substantial number of acquisitions and investments this year as the K-pop giant looks to boost its US presence, Bang added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Entertainment Entertainment Latest News, Entertainment Entertainment Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Red light district’ bar in Angeles City closed down; 3 girls rescuedANGELES CITY, Pampanga —The city government closed down late Wednesday, March 22, an entertainment bar in Balibago village for employing three 15-year-old girls and for alleged violations of the
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Mayor catches Bacolod city hall employees watching TV during office hoursThe mayor of Bacolod City has called the attention of at least five employees of the City Treasurer’s Office whom he caught watching an entertainment program on television during office hours. | carlapgomezINQ /PDI carlapgomezINQ Eat bulaga o showtime? carlapgomezINQ Napaka-petty ng boss nila. Pwede namang pagsabihan muna. Malupit. carlapgomezINQ Impunity of laziness in the PHilippines.
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Life and travel hacks from Kira Balinger and LA SantosStart packing two weeks before the trip,” said actress Kira Balinger when Inquirer Entertainment asked her to share some travel/work hacks with onscreen partner LA Santos, who will experience Never heard
Source: inquirerdotnet - 🏆 3. / 86 Read more »
On the Spot: Young stars noon, proud mommies na ngayonIlan sa celebrities na nakilala natin bilang young stars noon ay loving mommies na ngayon. Marami sa kanila ay maagang nagsimula sa showbiz at kasalukuyang gumaganap bilang supermoms sa kanilang mga anak. Kilalanin sila sa video na ito. Stay updated with the latest showbiz happenings with On the Spot: www.gmanetwork.com/entertainment/tv/on_the_spot
Source: gmanetwork - 🏆 12. / 63 Read more »
MOVIEGOER: Cinema '76 new QC home: Cozier, classier, so comfyYoung people, film lovers, and other serious cinephiles have found a new home (how beautiful!) on Tomas Morato Avenue, the heart of the country’s entertainment capital, Quezon City, with the formal opening of Cinema ’76 Café on March 18. ManilaBulletin
Source: manilabulletin - 🏆 25. / 51 Read more »
What ‘AlEmpoy’ thinks is the hardest part about filming in ParisWhile it felt “surreal” and “out of this world” for Alessandra to have shot a movie with Empoy in Paris, this also proved to be extremely challenging, especially since it was shot during the pandemic lockdowns of 2021. | marinelcruzINQ /PDI
Source: inquirerdotnet - 🏆 3. / 86 Read more »