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South Korean Business Groups Call for Inheritance Tax Overhaul to Boost Economic Vitality

South Korean Business Groups Call for Inheritance Tax Overhaul to Boost Economic Vitality
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[News Analysis] M&A a double-edge sword for Kakao

The Korean financial regulator’s decision to refer Kakao and its executives to the prosecution could lead to disruptions on the IT giant’s future takeover strategy and global expansion plans, sources said Sunday. Three Kakao executives, including its chief investment officer Bae Jae-hyun, and two entities, Kakao and Kakao Entertainment, who were involved in market manipulation regarding Kakao’s purc.

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