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YG Entertainment To Pay LVMH Over 64 Billion Won Following Investment Maturity Date

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On October 10, YG Entertainment officially announced that the company will be returning 64.7 billion won (approximately $54.1 million) to Great World Music Investment. Great Music World Investment is a subsidiary of LVMH Moët Hennessy – Louis Vuitton SE (hereafter LVMH). In October 2014, LVMH invested money in redeemable convertible preference shares (RCPS) of YG […]

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