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South Korea Clears NS Shopping’s Acquisition of Homeplus Express Amid Retailer’s Debt Restructuring

By  |  June 14, 2026
South Korea

South Korea’s antitrust regulator has approved NS Shopping Co.’s acquisition of Homeplus Express, marking a significant step in the ongoing restructuring efforts surrounding troubled retailer Homeplus Co.

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    The Korea Fair Trade Commission granted clearance for the transaction, allowing NS Shopping to proceed with its purchase of the supermarket chain, according to a statement issued by the relevant parties. The approval removes a major regulatory hurdle and is expected to support Homeplus’ broader efforts to address its financial challenges.

    Homeplus, one of South Korea’s largest hypermarket operators, has been grappling with mounting debt pressures amid changing consumer habits and intense competition in the country’s retail sector. The sale of Homeplus Express has been viewed as a key component of the company’s strategy to improve liquidity and streamline operations.

    According to a statement, the antitrust regulator determined that the acquisition was unlikely to substantially restrict competition in the market. The decision paves the way for NS Shopping to expand its presence in South Korea’s grocery retail segment through the addition of the Homeplus Express network.

    Related: South Korea Cracks Down on Overseas Shopping Giants

    Per a statement, the completion of the transaction is expected to contribute to the restructuring of debt-laden Homeplus by helping secure funds and advance efforts aimed at stabilizing the business.

    Homeplus has faced years of financial strain as traditional brick-and-mortar retailers contend with the rapid growth of e-commerce platforms and shifting consumer preferences. The company has pursued various measures to improve its balance sheet, including asset sales and operational adjustments.

    The regulatory approval represents a notable development in those efforts and could help determine the next phase of Homeplus’ restructuring as it seeks to navigate an increasingly competitive retail landscape.

    Source: Ked Global