BREAKING NEWS: Korea Multiplex sells 20% Stake in Megabox
Korea Multiplex is selling 19.5% of its 50% stake in South Korean cinema chain Megabox to institutional investors for KWN 110 billion (USD $97.3 million). KB Asset Management and Shinhan BNP Paribas are buying 157,410 shares in South Korea’s third-largest cinema operators. JContentree, which s…