KOREA CEMENT co., Ltd (KOSDAQ:A198440) agreed to acquire Gyeongju Business-Site Operation Business of Blue One Co. Ltd from Blue One Co. Ltd for approximately KRW 130 billion on May 24, 2024. The consideration consists of KRW 132 billion in cash. As part of the consideration, KRW 132 billion was paid towards assets. The deal is subject to the consummation of due diligence investigation. The deal is expected to be completed on July 4, 2024.

KOREA CEMENT co., Ltd (KOSDAQ:A198440) cancelled the acquisition of Gyeongju Business-Site Operation Business of Blue One Co. Ltd from Blue One Co. Ltd on July 4, 2024.