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On August 3, it was reported that HYBE, CJ, and Kakao Entertainment are in the race for Lee Soo Man’s shares in SM Entertainment. Lee Soo Man holds approximately 18.73 percent of the shares in SM Entertainment, making him the company’s largest shareholder. It is believed that whoever acquires his shares will be gaining SM Entertainment’s management rights. According to Hankook Kyungje, HYBE, CJ, and Kakao Entertainment jumped into the acquisition battle of SM Entertainment and are presenting various scenarios to the company in order to win. Previously, SM Entertainment stated, “There are various discussions on business partnership and equity investment, but nothing has been finalized so far.”

Hankook kyungjeLee mi kyungMorgan stanleyKakao entertainmentLee soo manSoo manKim bum sooLee sooலீ மை கியுங்மோர்கன் ஸ்டான்லிகாக்ககோ பொழுதுபோக்குலீ சூ மனிதன்சூ மனிதன்கிம் பம் சூலீ சூ