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JYP Entertainment shares rally on report of tender offer to buy up to 50% stake
South Korean pop music agency JYP Entertainment's KRX:035900 shares rallied on Tuesday, jumping 10% after Korean media reported Japan's Nexroc Group and SVCV Inc were planning to announce a tender offer to buy up to a 50% stake in the company.The 50% stake is worth about 700 billion won ($528.04 mi…
Nexroc postpones submission of bid for JYP Entertainment
Nexroc postponed its proposed bid for a 25–50% stake in JYP Entertainment to November 2. Neither company confirmed whether the bid was submitted, while questions remain over Nexroc’s financing.
Japanese Group Targets 50% Stake in JYP Entertainment
Japanese Group Targets 50% Stake in JYP Entertainment NEXROC and SVCV plan 30% premium tender; JYP denies receiving acquisition proposal
JYP Entertainment Jumped On Talk Of A 50% Tender Offer
Reports said Japan’s Nexroc Group and SVCV could target 25%-50% of the K-pop agency at a roughly 30% premium, even as JYP said it hasn’t received an offer.
JYP Entertainment soars 10% on reports of tender offer plan to buy up to half of firm
South Korean pop music agency JYP Entertainment's KRX:035900 shares jumped 10% on Tuesday after Korean media reported Japan's Nexroc Group and related firm SVCV Inc were planning to announce a tender offer to buy up to a 50% stake in the company.The 50% stake is worth about 700 billion won ($528.04…
JYP Entertainment shares rally on report of tender offer to buy up to 50% stake
South Korean pop music agency JYP Entertainment KRX:035900 shares rallied on Tuesday, jumping 10% after Korean media reported Japan's Nexroc Group and SVCV Inc were planning to announce a tender offer to buy up to a 50% stake in the company.