Seoul Auction "Major shareholder considering selling stake to Shinsegae... No concrete decision made"
[Asia Economy Reporter Lee Myunghwan] Seoul Auction announced on the 15th regarding reports about the acquisition by Shinsegae, stating, "After confirming with the company's largest shareholder about the sale of shares, the largest shareholder has considered selling Seoul Auction shares to Shinsegae."
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Seoul Auction added, "However, nothing has been specifically decided yet," and "We will re-disclose at the time when specific details are decided or within three months."
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