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How will Woori benefit from takeover of Daol Investment?

Woori Financial Group has been tapped as a preferred bidder for a takeover of Daol Investment, Korea s oldest venture capital firm and one of its best. The deal is expected to present a win-win outcome, as it should bolster Woori s non-banking business portfolio, while Daol Financial Group can dispel market concerns over its cash flow. ....

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