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Korea M&A Corporation
Yanolja to acquire 70% stake in Interpark's e-commerce businesses
Yanolja Co., a leading South Korean travel platform operator, said Thursday that it signed an agreement to buy a 70 percent stake in e-commerce businesses of Interpark Corp. for 294 billion won (US$248 million). Yanolja said its move to acquire Interpark‘s travel, performing arts, shopping and book businesses is intended to make inroads into the global travel market dominated by foreign platform..
SK Innovation to invest $4.3 bln in U.S. battery production with Ford Motor
South Korea's SK Innovation Co Ltd (096770.KS) plans to invest 5.1 trillion won ($4.32 billion) to build battery production facilities in the United States through its battery joint venture with Ford Motor Co (F.N) through 2027, the company said in a regulatory filing on Tuesday. The South Korean battery maker, which supplies electric car batteries to Ford Motor and Hyundai Motor Co (005380.KS),..