Cube Entertainment is undergoing some big changes in ownership, it seems.
After some rumors earlier today that Big Hit Entertainment is in the process of acquiring Cube Entertainment, some new information has come to light.
Allegedly, D’Live Co are selling their shares, and there seem to be many interested parties.
For those of you who might not know, D’Live Co are the biggest shareholders of Cube, currently owning 30% of the shares.
While the majority of the information has not yet been made public, there are talks that among the possible buyers are a big Korean cosmetics company which already has a lot of experience working with idols, along with a Korean investment company that would like this acquisition to be a joint venture with an also undisclosed Chinese company.
With all these rumors flying around, it’s only a matter of time before Cube release an official statement. Stay tuned for all further updates!