Two Korean strategics confirm bids for PE-owned Daesung
South Korean conglomerates Hyosung Corporation and SK Group have both entered the bidding for Daesung Industrial Gases, an industrial gas maker controlled by a Goldman Sachs-led consortium.
Hyosung and SK confirmed their interest in regulatory filings but offered no supplementary information. According to local media reports, the 100% stake in Daesung could sell for around KRW1.5 trillion...
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