A-Team Harmony Private Equity Fund I, managed by DADAM Investment Corp. agreed to acquire 6.11% stake in Enplus Co., Ltd. (KOSE:A074610) for KRW 26 billion on October 29, 2021. Under the terms Osta Co.,Ltd will sell 3.14 million shares for KRW 8280 per share.

Down Payment of KRW 5 billion will be done on October 29, 2021, Interim payment on November 01, 2021, of KRW 10 billion, and the balance on November 30, 2021. The transaction is resolved by the board of Enplus. The deal is expected to be completed by December 15, 2021.

As per correction, the transaction is expected to close by December 20, 2021. Transaction is expected to close on March 18, 2022.