Kakao Corp. (KOSE:A035720) agreed to acquire remaining 70% stake in J Wide Company for KRW 6 billion on December 26, 2018. Under the transaction, Kakao Corp. acquires 0.07 million shares. The transaction has been resolved by the Board of Directors of Kakao Corp. The transaction is expected to complete on December 26, 2018. Kakao Corp. (KOSE:A035720) completed the acquisition of remaining 70% stake in J Wide Company on January 2, 2019.