BGF adds KNW as subsidiary after taking 56.9% stake

Bitget2026/10/12 07:41

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BGF reorganized its group by adding auto-parts maker KNW as a subsidiary through an equity acquisition.
BGF took 9,113,891 KNW common shares for a 56.9% stake, up from no prior ownership.
The stake was valued at KRW 81,752 million, equal to 4.9% of BGF’s total assets at end-2025.
The transaction closed on Oct. 12, 2026, lifting BGF’s subsidiary count to three from two.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGF Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261012800526), on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BGF adds KNW as subsidiary after taking 56.9% stake

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