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Fri, September 29, 2023 | 06:36
Business
BUSINESSKakao to take over SM as HYBE bows out
카카오, 하이브의 후퇴로 SM 경영권 확보
Posted : 2023-03-13 17:02
Updated : 2023-03-13 17:02
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Pedestrians walk by the headquarters of SM Entertainment located in eastern Seoul, Sunday. Newsis일요일 서울 동부에 위치한 SM엔터테인먼트 본사 앞을 행인들이 지나가고 있다. 뉴시스
Pedestrians walk by the headquarters of SM Entertainment located in eastern Seoul, Sunday. Newsis
일요일 서울 동부에 위치한 SM엔터테인먼트 본사 앞을 행인들이 지나가고 있다. 뉴시스


By Anna J. Park

The fierce battle between Kakao and HYBE over the management rights of SM Entertainment ended Sunday with HYBE giving up on its quest for its acquisition of SM. The mutual decision was reached three days after the two competing companies entered talks on Friday to solve the heated issue of who would take over SM's management rights.
에스엠엔터테인먼트(이하 SM)의 경영권을 둘러싼 카카오와 하이브의 치열한 공방이 일요일 하이브의 SM 인수 포기로 막을 내렸다. 이번 상호 합의는 양사가 지난 금요일 SM 경영권 승계라는 과열된 문제에 대한 협상에 돌입한 지 사흘 만에 이뤄졌다.


With Sunday's decision, Kakao will work toward a controlling stake in SM and its management rights, while continuing to seek cooperation with HYBE on its platform business.
이번 결정으로 카카오는 SM의 지배지분 및 경영권 확보에 힘쓰는 한편 하이브와의 플랫폼 사업협력도 지속적으로 추진한다.


"Kakao and Kakao Entertainment respect HYBE's decision to stop the move to acquire SM Entertainment," Kakao said Sunday. "As a partner sharing mutually positive impacts, Kakao and Kakao Entertainment will continue various strategic cooperative relations with HYBE and SM Entertainment to help stoke the global status of K-pop and K-culture," the big tech giant's statement read.
일요일 카카오 측은 입장문에서 "카카오와 카카오엔터테인먼트는 하이브의 SM 인수 중단 결정을 존중한다"며 "카카오와 카카오엔터테인먼트는 상호 긍정적 영향을 주고 받는 파트너로서 하이브, SM과 다양한 전략적 협력 관계를 지속해 K팝을 비롯한 K컬처의 글로벌 위상 제고에 일조할 것"이라고 밝혔다.

Kakao also vowed to guarantee the independent business operations of SM, aiming to materialize SM's vision 3.0, the entertainment firm's global strategic growth goals for the future.
카카오는 SM의 미래 글로벌 성장 목표인 SM 3.0 전략 실현을 목표로 SM의 독자적인 사업 운영도 보장하겠다고 밝혔다.


"By combining SM's global intellectual property (IP) and top-rated production system and Kakao's IT technology and IP value chain business capabilities, we plan to create a new synergy of IP and IT that goes beyond the music business, while strengthening each firm's global competitiveness," Kakao said, adding that it will also start shaping up its business cooperation with HYBE.
카카오는 "SM의 글로벌 지식재산(IP)과 최고 수준의 제작 시스템, 카카오의 IT 기술과 IP 밸류체인의 사업 역량을 결합해 음악 사업을 넘어 IP와 IT의 새로운 시너지를 창출하는 동시에 각 사의 글로벌 경쟁력을 강화할 계획"이라며 하이브와의 사업 협력도 본격화할 예정이라고 덧붙였다.


With uncertainties surrounding HYBE removed, Kakao and Kakao Entertainment said they will continue with their ongoing tender offer to purchase a 35 percent stake in SM until March 26 as originally scheduled.
하이브를 둘러싼 불확실성이 해소된 가운데 카카오와 카카오엔터테인먼트는 당초 예정대로 오는26일까지 SM 지분 35%를 매입하는 공개매수를 지속한다고 밝혔다.


Kakao launched the tender offer to purchase SM shares at 150,000 won per share ($113) on March 7, aiming to secure a significant stake in the K-pop entertainment company. Kakao's tender offer price is 25 percent higher than HYBE's tender offer for a stake in SM, which was 120,000 won per share and ended in failure in February. If Kakao succeeds in its tender offer, the big tech giant will hold a 39.91 percent stake in SM Entertainment.
카카오는 지난 7일 SM 주식을 주당 15만원에 매입하는 공개매수를 시작했다. 카카오의 공개매수 가격은 지난 2월 무산된 하이브의 SM 지분 공개매수가인 주당 12만원보다 25% 높은 수준이다. 카카오가 공개매수에 성공하면 카카오는 SM의 지분 39.91%를 보유하게 된다.

KEY WORDS
■ quest 탐구, 탐색
■ acquisition (기업) 인수, 매입
■ mutual 상호간의
■ take over (기업 등을) 인수하다
■ stake 지분(持分)
■ materialize 구체화되다[실현되다]
■ top-rated (대중들에게) 가장 인기 있는
■ shape up (특히 좋은 방향으로) 되어 가다[전개되다]
■ ongoing 계속 진행 중인
■ tender 입찰

기사 원문 보기


Emailywjeon@ktimes.com Article ListMore articles by this reporter
 
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