Samsung units acquire 4% stake in Dunamu

Samsung Securities, Samsung SDS and Samsung Card said Thursday they will jointly acquire a 4 percent stake in Dunamu, operator of South Korea’s largest cryptocurrency exchange, to expand their digital asset businesses.

The three Samsung affiliates will acquire 1.39 million shares from Kakao affiliates in an all-cash deal worth 612.8 billion won ($446 million).

Samsung Securities will take a 2 percent stake, while Samsung SDS and Samsung Card will each acquire 1 percent.

The transaction is schedu ...