HYBE to sell its entire stake in SM Entertainment to Kakao

HYBE's share of SM Entertainment is worth about US$437million

Kakao inks deal with Columbia Records for IVE’s North American debut

Kakao says the partnership aims to "elevate its position in the global market"

HYBE to discontinue acquisition of SM Entertainment after discussion with Kakao

South Korean internet giant Kakao is now poised to become the majority shareholder in K-pop label SM Entertainment

SM Entertainment releases statement in support of Kakao’s tender offer

SM says Kakao's tender offer for a 35 per cent stake would "ensure autonomous and independent management of the company"

Kakao makes bid to become SM Entertainment’s largest shareholder, fending off HYBE

After HYBE’s tender offer leaves it with a 15 per cent share in SM, internet giant Kakao announced its aim to acquire up to 35 per cent of the K-pop agency