BGF adds KNW as subsidiary after taking 56.9% stake
Bitget2026/10/12 07:41- BGF reorganized its group by adding auto-parts maker KNW as a subsidiary through an equity acquisition.
- BGF took 9,113,891 KNW common shares for a 56.9% stake, up from no prior ownership.
- The stake was valued at KRW 81,752 million, equal to 4.9% of BGF’s total assets at end-2025.
- The transaction closed on Oct. 12, 2026, lifting BGF’s subsidiary count to three from two.
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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