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NICE Information & Telecommunication Consolidates Group Investment Functions Through Affiliate Merger

PUBT·10/23/2026 07:31:38
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NICE Information & Telecommunication Consolidates Group Investment Functions Through Affiliate Merger
  • NICE Information & Telecommunication will acquire a 15.4% stake in NICE Property through a merger of three affiliates.
  • NICE Property will absorb NICE DWR and NICE Investment on December 1, 2026.
  • The group will receive 50,188 newly issued NICE Property shares, including shares allocated to subsidiary NICE Payments.
  • The disclosed acquisition amount is KRW 60.22 billion, reflecting the carrying value of shares surrendered in the merger.
  • The reorganization will consolidate group investment functions into one entity to improve strategic consistency and accelerate decision-making.


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. NICE Information & Telecommunication Inc. 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: 20261023900752), on October 23, 2026, and is solely responsible for the information contained therein.