Webzen will replace Connectwave in the KOSDAQ150 Index effective 16 August. Passives need to trade over 2x ADV in both stocks. There are implications for the KRX New Deal Internet Index too.
What is covered in the Full Insight:
Introduction
Connectwave Delisting Impact
MBK Partners Tender Offer
KRX Announcement and Rebalance
Other Impacts and Conclusions
SUMMARY
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