Dunamu and Naver Financial Share Swap Postponed to March Next Year
Shareholders' Meeting Date Also Adjusted
The comprehensive share swap schedule for the full acquisition of Dunamu as a wholly owned subsidiary by Naver Financial has been changed to March 31 next year.
Accordingly, the date of the shareholders' meeting has also been postponed from November 19 to February 26 next year.
A Dunamu representative stated, "Both companies are cooperating with the relevant authorities during the review and related procedures," adding, "We will faithfully comply with the necessary reviews and all required procedures to complete the transaction."
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Naver Financial announced in November last year that it would acquire Dunamu as a wholly owned subsidiary via a comprehensive share swap. Since then, the comprehensive share swap schedule has been postponed three times, including this instance.
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