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Kakao Union Challenges Planned Spin-Off, Citing Worker and Shareholder Risks

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Kakao labor union Krew Union launched a formal campaign against Kakao’s planned spin-off, arguing the measures for protecting workers and minority shareholders are inadequate. It says affiliate workers’ employment security could weaken if Kakao X later sells stakes or restructures. The union also calls for transparent disclosure of valuation and restructuring plans, and urges opposition to a Kakao–Kakao Investment small-scale merger, while Kakao schedules an online briefing for minority shareholders on Sept. 16.

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