FTC “approved to acquire shares of SK Wyverns baseball team”… Investment judgment should be carefully
[초이스경제 이영란 기자] In the stock market on the 3rd, Shinsegae and E-Mart stock prices surged during the day. The news that the Fair Trade Commission (hereinafter the Fair Trade Commission) has approved Shinsegae Group E-Mart’s acquisition of SK Wyverns is believed to have an impact on the investment sentiment of the two stocks.
According to the Korea Exchange, as of 11:15 am, Shinsegae is trading at 291,500 won, up 5.05% from the previous day, and E-Mart, at 183,000 won, up 7.33%.
The Fair Trade Commission said on this day, “We have decided that there is no concern that it will substantially limit the competition of the domestic professional baseball team,” and said, “Shinsegae E-Mart approves the acquisition of SK Wyverns baseball team.” It is also unlikely that it is related to the region, so it is unlikely that it will impair the quality of the game.”
Earlier, on the 23rd of last month, E-Mart signed a contract to acquire 100% of SK Wyverns shares held by SK Telecom.
While E-Mart’s acquisition of SK Wyverns has been confirmed, Shinsegae and E-Mart’s stock prices soared intraday, drawing attention to the future trends.
Meanwhile, in the Korean stock market, the KOSPI index is recording 3047.15, up 0.11% from the previous day at 11:20 am.
Choice Economy, however, strongly hopes that “this article will be used only as a reference material.” It is because there are many cases to be watched for issues related to a specific industry, a specific company, or a specific theme, and stock investments are always risky.
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