-+ 0.00%
-+ 0.00%
-+ 0.00%
BGF adds KNW as subsidiary after taking 56.9% stake
Share
Listen to the news
BGF adds KNW as subsidiary after taking 56.9% stake
  • 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: 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: 20261012800526), on October 12, 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.
What's Trending