Anchor Equity Partners invests $165m in Korean content producer Kakao M

Anchor Equity Partners invests $165m in Korean content producer Kakao M

Photo by Marcela Laskoski on Unsplash.

South Korean content producer Kakao M has sold a 12.9 per cent stake for nearly 210 billion won ($165 million) in a third-party allotment, according to a regulatory filing.