Korea Exchange asked HYBE to disclose report and details of the acquisition of shares

Quote from K-PL

Market caps are

SM 2.15 T, was 1.96 T 1 week ago

HYBE 8.02 T

Kakao 28.82 T

LSM owns about 18.46%.

So if Hybe can acquire ~32%, with LSM they own more than 50%.

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32 perc that's going to cost a fortune + damn I bet sm artists are not going to be happy about this