S.Korea retailer E-Mart to acquire 80% stake of eBay's S.Korean business for $3 billion

S.Korea retailer E-Mart to acquire 80% stake of eBay's S.Korean business for $3 billion

3 years ago
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https://www.reuters.com/article/us-ebay-m-a-e-mart/s-korea-retailer-e-mart-to-acquire-80-stake-of-ebays-s-korean-business-for-3-billion-idUSKCN2E00NQ

SEOUL (Reuters) -South Korean retailer Shinsegae Group's E-Mart Inc said on Thursday it plans to acquire 80% stake of eBay Inc's South Korean business for 3.4 trillion won ($3 billion), E-Mart said in a regulatory filing.