BGF Eco Materials sells 9,113,891 KNW shares to BGF for KRW 81.75 billion
Bitget2026/10/07 09:16BGF Eco Materials to sell its entire 9,113,891-share stake in KNW to BGF for KRW 81.75 billion. Deal implies a price of KRW 8,970 per share, based on KNW’s Oct. 7 closing price. Transaction set to close Oct. 12 via an after-hours block trade, with cash settlement. Sale would cut BGF Eco Materials’ KNW ownership to 0% from its current holding. Stated rationale: balance-sheet improvement, stronger business competitiveness. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGF Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261007800630), on October 07, 2026, and is solely responsible for the information contained therein.
- BGF Eco Materials to sell its entire 9,113,891-share stake in KNW to BGF for KRW 81.75 billion.
- Deal implies a price of KRW 8,970 per share, based on KNW’s Oct. 7 closing price.
- Transaction set to close Oct. 12 via an after-hours block trade, with cash settlement.
- Sale would cut BGF Eco Materials’ KNW ownership to 0% from its current holding.
- Stated rationale: balance-sheet improvement, stronger business competitiveness.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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