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BGF to become KNW largest shareholder with 56.89% stake via 9,113,891-share purchase
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BGF to become KNW largest shareholder with 56.89% stake via 9,113,891-share purchase
  • KNW’s controlling stake will shift to BGF under a signed share sale agreement.
  • BGF will buy 9,113,891 common shares, equal to 56.89% of outstanding stock.
  • Deal values the shares at KRW 81.75 billion, priced at KRW 8,970 per share based on Oct. 7 closing price.
  • Settlement is scheduled for Oct. 12, subject to closing conditions; BGF Eco Materials will exit as largest shareholder.


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. KNW 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: 20261007900577), on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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