Kakao Offers to Buy 35% of K-Pop Label SM to Fend Off Rival Hybe

Kakao Entertainment is offering to buy a significant stake in SM Entertainment, aiming to become the largest shareholder. They already own a small percentage and plan to increase it to 40% if successful. This move is part of a strategy to ensure stable management and partnership with SM. Meanwhile, Hive has a 20% stake and may engage in a pricing war to increase its influence. The next major event is the SM annual shareholders meeting, where both sides will present their strategies.

What percentage of SM Entertainment is Kakao Entertainment aiming to acquire?

• 20%

• 30%

• 35%

• 40%

What is Kakao's approach towards SM Entertainment's current management?

• Ignore the management

• Merge with the management

• Replace the management

• Respect the current management

How much of SM Entertainment's shares does Hive currently control?

• 30%

• 25%

• 20%

• 15.8%

What is Hive reportedly doing to strengthen its position in the SM Entertainment stake battle?

• Selling its shares

• Partnering with Kakao

• Seeking additional financial backing

• Exiting the market

When is the crucial SM Entertainment shareholders meeting scheduled?

• April 15th

• April 1st

• March 31st

• March 15th