
Korea buyouts: Young pretender?

South Korea was the only significant PE market in Asia to see an uptick in deal flow last year. Investors have high expectations; uncertainty among local conglomerates – and local GPs – could make or break them
MBK Partners was not the first choice investor for water purifier manufacturer Coway. KTB Private Equity appeared to have won the race last July, agreeing to put up 60% of the equity required for the KRW1.2...
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