Nvidia pays $1 billion, acquires 4.13% stake in Naver

Briefing by News4U · First published

Yonhap Business reported that Nvidia Corp. finalized its payment of US$1 billion to Naver Corp. on Friday and acquired 4.13 percent of the portal operator's shares through a third-party rights offering, issuing over 6.5 million shares in a private placement. [1]

Sources

  1. Nvidia finalizes payment of US$1 bln, acquires over 4 pct stake in Naver

    Yonhap Business · · Full text

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