NICE Information Service Co., Ltd. (KOSE:A030190) agreed to acquire Well Communications Co., Ltd. for KRW 7.3 billion on May 7, 2024. Well Communications Co., Ltd reported Total revenue of KRW 1.5 billion, Total assets worth KRW 3.6 billion, Total debt of KRW 313 million, Net income of KRW 212 million as on January 31, 2023. Transaction is expected to completed on May 31, 2024.

NICE Information Service Co., Ltd. (KOSE:A030190) completed the acquisition of Well Communications Co., Ltd. from Kim Jung-wan, Namsu Kim, Junseo Kim and Minchan Kim on May 31, 2024.