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Will SM shares’ bull run foil Kakao’s takeover attempt?

The bull run in shares of SM Entertainment Co. may deal a heavy blow to Kakao Corp. ’s 1.25-trillion-won ($950 million) takeover bid for the K-pop pioneer, for which the mobile giant has been stepping up its fight against BTS label HYBE Co.SM

Mar 08, 2023 (Gmt+09:00)

4 Min read