JYP Entertainment soars 10% on reports of tender offer plan to buy up to half of firm

Channel Newsasia27 Oct 2026, 05:52 PKTvia NewsData.io

SEOUL, Oct 27 : South Korean pop music agency JYP Entertainment's shares jumped 10 per cent on Tuesday after Korean media reported Japan's Nexroc Group and related firm SVCV Inc were planning to announce a tender offer to buy up to a 50 per cent stake in the company. The 50 per cent stake is worth about 700 bi

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