Search results for acquisition financing
Games & Commerce
Kakao Games to come under Line Yahoo\'s umbrella; three parties\' calculations
LY Corp (Line Yahoo) is set to take control of Kakao Games through its investment vehicle LAAA Investment, in a deal valued at about 300 billion won and targeted for completion in May. LAAA will buy existing shares and acquire new shares and convertible bonds, making it the largest shareholder while Kakao becomes No. 2. The deal is intertwined with Line Games\' financial strain, Kakao\'s group reshuffle and variables linked to a Lionheart Studio IPO.
Finance
KB Securities posts 911.6 billion won operating profit for 2025, up 17 percent
KB Securities said on Feb. 5 it posted 911.6 billion won in operating profit in 2025, with pretax profit of 906.9 billion won and net profit of 682.4 billion won. The figures rose 17 percent, 21 percent and 16 percent, respectively, from a year earlier. The wealth management unit surpassed 200 trillion won in client assets. Investment banking, trading and wholesale businesses also reported steady performance and expanded revenue sources.
Finance
Kiwoom Securities\' 2025 net profit tops 1 trillion won for first time; operating profit up 36 percent
Kiwoom Securities said its 2025 operating profit rose 35.5 percent from a year earlier to 1.49 trillion won on a consolidated basis, according to a preliminary tally disclosed on Tuesday. Revenue climbed 51.8 percent to 17.12 trillion won and net profit gained 33.5 percent to 1.12 trillion won, topping 1 trillion won for the first time. Fourth-quarter operating profit rose 91.8 percent to 345.6 billion won but missed a market estimate.
