The stake is one that Dongbu Group handed over to a group of financial investors to raise funds of 135.6 billion won when it acquired Daewoo Electronics in 2013. At present, the stake is held by KTB Private Equity and SBI Private Equity.
According to industry sources on March 14, Aucma and Jabez Partners launched a negotiation with Dongbu Group and financial investors to take over the 49.4-percent stake in Dongbu Daewoo Electronics. The price of the stake is estimated at 180 billion won.
The remaining 50.6-percent stake is held by Dongbu HiTek (18.4%), Kim Joon-ki, chairman of Dongbu Group (9.2%), Dongbu Corp. (6.6%), and Dongbu Lightec (1.8%). At present, Dongbu Daewoo Electronics runs a total of six production units and 30 sales units in about 40 countries worldwide.
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The Carlyle Group has offered 1.9 trillion won ($1.7 billion) in pre-arranged debt financing to potential bidders of its wholly-owned ADT Korea, in a move seen aimed at speeding up the sale of the country’s No. 2 securities service firm.&hellip