[인포스탁데일리=김영택 기자] Kakao Pay, a simple payment company, is considering acquiring Loca Mobility, the second-largest transit card company in Korea.
Kakao Pay plans to expand its business scope by acquiring Loca Mobility, a subsidiary of Lotte Card.
In particular, synergy with Kakao Mobility, the No. 1 mobility platform in Korea, is expected to be great.
According to the IB industry, Kakao Pay is said to have a strong will to acquire Loca Mobility.
Regarding the promotion of the acquisition of Loca Mobility, Kakao Pay announced, “It is true that various measures are being reviewed, but no specific decision has been made at this time.”
It is still unknown whether the acquisition of Kakao Pay will be completed.
Currently, MBK, a private equity fund that has the management rights of Lotte Card, plans to sell Loca Mobility separately.
We intend to hold a preliminary bid on the 6th.
It is known that Kakao Pay, Australian investment firm Macquarie Asset Management, and domestic car sharing company Socar will participate in the bidding.
The subject of the sale is the condition of acquiring a 100% stake in Loca Mobility owned by Lotte Card.
It is known that the acquisition amount is approximately 300 billion won. JP Morgan is currently managing the sale.
As news like this became known, at 10:33 am on the 5th, Kakao Pay’s share price was 59,400 won, up 8.39% from the previous day.
Kakao Pay’s share price increased by 40.51% over the past month, recording the highest share price increase.
Reporter Kim Young-taek site0103@infostock.co.kr
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