Private Equity firm MBK Partners has struck a deal to acquire a majority stake in Korean pharmaceutical wholesaler Geo-Young to bolster its health care portfolio.
MBK Partners failed to acquire a controlling stake in Hankook & Company after its tender offer failed to secure enough subscriptions.
The public tender offer will be closed on Monday, but Friday was the last trading day before the official deadline. The result will be issued on Wednesday.
Forbes named Kim Byung-ju, founder and chairman of MBK Partners, as the richest individual in Korea.
Scandal-ridden Osstem Implant, Korea’s largest dental implant manufacturer, is being acquired by private equity funds.
Lotte Card, Korea's fifth largest card company, is up for sale for around three trillion won ($2.3 billion), according to local media reports on Wednesday.
Kakao, which holds a 57.5 percent share of Kakao Mobility, held an online conference with the mobility company’s employees on Monday to discuss the possible sale of the company's shares to a private equity firm.
Kakao may put Kakao Mobility, a transportation service subsidiary, up for sale instead of taking it public, according to local media reports citing investment bankers on Tuesday.
It is both legal and not at all unusual for a K-pop group’s name to be trademarked by the entertainment agency.
Entertainment insiders who had rigged votes for certain trainees competing in the first season of Mnet's audition program "Produce 101" in 2016, including former head of MBK Entertainment Kim Kwang-su, were fined on Friday. The Seoul ...
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