Anchor-led group invests $107m in Korean mobile content platform
A consortium led by Anchor Equity Partners has committed KRW125 billion ($107 million) to Podotree, the mobile content platform of Korean internet giant Kakao.
The investor group, which also includes Singapore-based sovereign wealth fund GIC Private, purchased 3.62 million new shares in Podotree for KRW34,552 apiece, according to a filing. The deal is said to...
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