HS D&C Co., Ltd. and an undisclosed buyer acquired 11.24% stake in Redrover Co.,Ltd (KOSDAQ:A060300) from Suning Universal Media Co., Ltd. for KRW 19 billion on June 8, 2018. The offer per share is KRW 3800. The deal will be funded with own funds and borrowings. The deal is expected to close on June 8, 2018. HS D&C Co., Ltd. and an undisclosed buyer completed the acquisition of 11.24% stake in Redrover Co.,Ltd (KOSDAQ:A060300) from Suning Universal Media Co., Ltd. on June 8, 2018