Asia
DCK Investment Launches Tender Offer for Gabia
DCK Investment, a special purpose company of Macquarie Asset Management, looks to acquire 73.1% of Gabia's (KOSDAQ:A079940) total shares through a tender offer, according to a Monday filing with the Korean exchange.Under the tender offer, the IT infrastructure provider will undergo a voluntary delisting and become a wholly owned subsidiary of DCK Investment.The tender offer involves the acquisition of about 9.8 million shares for 48,000 won each.The tender offer period will last until Sept. 17, with a settlement date of Sept. 21.Shares of the company surged nearly 30% in recent trade.
KOSDAQ:A079940
