Eugene Group, a mid-sized South Korean conglomerate with businesses ranging from distribution to finance, has become the largest shareholder of local news channel YTN, according to industry sources on Monday. The group reportedly acquired a 30.95 percent stake in YTN for about 319.9 billion won ($236 million). The stake in question was previously owned by the state-run Korea Electric Power Corp.’s subsidiary Ke.
Eugene Group, a mid-sized conglomerate with businesses ranging from distribution to finance, has won a bid to buy a major stake in news channel YTN, financial sources said Monday.
Choctaw Racing acquired a filly by Bolt d’Oro for $127,000 to record the highest price of Thursday’s 10th session of the Keeneland September Yearling Sale.
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