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Naver and Dunamu's $9.9 billion stock swap deal has been postponed again until the end of the year
Svmuu News: Naver Financial and Dunamu have postponed the completion date of their comprehensive share swap transaction to December 31, marking the second delay of the deal. The transaction, which aims to merge Dunamu—the operator of South Korea’s largest cryptocurrency exchange, Upbit—into Naver’s financial division, was originally scheduled to close on September 30. Dunamu stated that pending digital asset legislation and an ongoing antitrust review remain key variables; progress in either approval process could further extend the timeline or even lead to changes in the transaction.
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