Doosan Robotics Inc. (KOSE:A454910) agreed to acquire an unknown minority stake in D20 Capital from Doosan Enerbility Co., Ltd. (KOSE:A034020) for KRW 64.4 billion on July 11, 2024. A cash consideration of KRW 64.4 billion will be paid by Doosan Robotics Inc. As part of consideration, KRW 64.4 billion is paid towards common equity of D20 Capital. Payment timing and conditions: Payment upon transaction completion.

Doosan Robotics has financed the consideration using own funds. The transaction is expected to close on October 31, 2024.