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Financial Watchdog to Probe JYP Takeover Bid
The Financial Supervisory Service (FSS) is monitoring the proposed stake purchase by a Japanese investment group, The NEXROC Group, and will launch an investigation if unfair trade is suspected. The FSS described the group's announcement as unusual. JYP Entertainment stated it has not received any proposal for share acquisition. The group aims to buy up to 50% of JYP, which is valued at approximately 750 billion won.


















