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Louis Vuitton Seeking $100 Million Investment in YG Entertainment

Korean record label and talent agency YG Entertainment is reportedly in negotiations with LVMH Moët

Korean record label and talent agency YG Entertainment is reportedly in negotiations with LVMH Moët Hennessy over a large private equity fund investment worth 100 billion won (approximately $100 million USD). The two sides have been in negotiations since June but have not been able to reach an agreement yet. However, this speculation has already resulted in a 15% increase in YG Entertainment’s share price from 40,550 KRW (approximately $39 USD) to 46,600 KRW (approximately $45 USD). When YG Entertainment was asked by the Korea Exchange for a public announcement regarding this investment, the agency replied, “We received offers for investment and business collaboration from a third-party, so we are in the midst of reviewing the attraction of investment including capital increase by issuing new stocks and allotment to the third-party. We have not yet decided on anything. We will release full disclosure once we’ve reached a concrete conclusion within a month.” Stay tuned for more information on this deal.

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