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Hanwha Life Acquires Acuon Capital Stake

Hanwha Life is investing 440 billion won (about $326 million) to acquire the management rights of Acuon Capital. It will newly enter the specialized credit finance business while expanding the scope…

  • Hanwha Life acquires 50.54% stake in Acuon Capital for 440 billion won.
  • Investment expands Hanwha Life's non-banking financial offerings.
  • Acuon Savings Bank becomes Acuon Capital's sub-subsidiary post-acquisition.

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