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March 29, 2024

E-mart takes over Shinsegae chairwoman’s entire Shinsegae Food stake

PUBLISHED : July 16, 2018 - 11:03

UPDATED : July 16, 2018 - 11:03

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[DISCLOSURE] Shinsegae Food (031440) announced on July 13 that E-mart (139480) has acquired Shinsegae Chairwoman Lee Myung-hee’s entire 29,938 common shares in an after-hours block deal. 

E-mart now owns 46.87 percent stake of the food company. 

By Hwang You-mee (glamazon@heraldcorp.com)

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