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.
Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city for around 50 billion won ($44 million), with a view to reselling part of its&hellip
KEB Hana Bank, a leading South Korean lender, has arranged $300 million lease financing for an aircraft portfolio of Avolon, in the first financing arrangement by a South Korean bank for the Irish aircraft leasing firm, according to local newspaper reports.&hellip
Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to make its first allocation to global private debt funds by committing $30 million to each of Golub Capital and Ares Management, and is considering committing an additional capital to European&hellip