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News 2026-10-15 10:08 UTC

Woory Industrial Holdings to Sell Entire Stake in Elex for KRW 11.81 Billion

Woory Industrial Holdings will sell its entire 97,490-share stake in Elex for 11.81 billion won. The disposal is scheduled for January 15, 2027, with proceeds equivalent to 5.44% of equity. The sale aims to simplify the group’s ownership structure and improve management efficiency around its operating companies. Discla