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CJ-Shinsegae Consortium to Sign JoongAng Ilbo Deal This Week

A consortium comprising CJ, Shinsegae and two other companies will sign a deal Thursday to acquire debt-laden South Korean newspaper publisher JoongAng Ilbo, the company said Wednesday, according to Yonhap and the Korea Times. The reports do not specify the 520 billion won figure mentioned in the query, nor do they detail the consortium's composition beyond CJ and Shinsegae.

  1. DaouKiwoom-CJ consortium to sign deal to acquire JoongAng Ilbo this week Korea Times · 2026-11-04
  2. DaouKiwoom-CJ consortium to sign deal to acquire JoongAng Ilbo this week Yonhap · 2026-11-04

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