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Korea to Probe JYP Takeover for Unfair Trade

South Korea's financial regulator, the Financial Supervisory Service (FSS), said it is closely monitoring the planned tender offer for JYP Entertainment by Japan-linked investment groups The NEXROC Group and SVCV, and will launch a swift investigation if unfair trading is suspected. The FSS called the pre-announcement of the tender offer "very unusual," noting it came before any formal filing. JYP shares surged after the groups announced plans to buy up to 50% of the company, valued at around 750 billion won, but JYP said it has received no acquisition proposal. Yonhap reports the FSS is watching for abnormal transactions and legal violations. Korean media outlets, including Chosun Ilbo and Maeil Business, highlight the regulator's vigilance, while JYP's official stance remains that no offer was made.

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