I-World Pharm Co., Ltd. agreed to acquire a 10.56% stake in BYON Co., Ltd. (KOSDAQ:A032980) from W Global 1 Union and Byungjun Kim for KRW 13.7 billion on August 1, 2023. The transaction is expected to close on August 30, 2023. The deal postponed to close on September 13, 2023.