Naver, Dunamu Delay $9.9B Stock Swap Deal to Year-End

According to Odaily, Naver Financial and Dunamu have postponed the completion of their all-stock merger to December 31, marking the second delay for the deal. The transaction, valued at $9.9 billion, will bring Dunamu, the operator of South Korea's largest crypto exchange Upbit, under Naver's financial division. The original closing date was set for September 30. Both parties attributed the delay to pending digital asset legislation and ongoing antitrust reviews.
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