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MBK Partners Eyes Second Payday From Nexflex as Busan EP Revives Takeover Push
Private equity giant MBK Partners is reportedly considering retaining a minority stake in flexible circuit materials manufacturer Nexflex even as it moves ahead with a potential sale of control, a sign the buyout firm still sees room for additional upside despite a difficult environment surrounding leveraged acquisitions in Korea. According to local investment banking industry…
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MBK Partners Pushes Ahead in Japan With Alte Mira Acquisition After Makino Setback
South Korean private equity giant MBK Partners is moving forward with another major expansion in Japan after securing approval to acquire aluminum producer Alte Mira Holdings in a deal valued at roughly 117.5 billion yen, or about $739 million. The transaction marks a significant turnaround for MBK following months of uncertainty surrounding its failed attempt…
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Homeplus Sells Supermarket Division to NS Home Shopping Amid Ongoing Restructuring
Homeplus has agreed to sell its supermarket business division, Homeplus Express, to NS Home Shopping in a deal aimed at securing urgently needed liquidity as the retailer continues its corporate rehabilitation process. The agreement, finalized on May 7 following approval from the Seoul Rehabilitation Court, will provide Homeplus with 120.6 billion won in cash while…
