
KKR's acquisition of Korea-based Kim's Club falls through

South Korean retail conglomerate E-Land Group has dropped plans to sell its luxury grocery chain Kim’s Club to KKR after agreeing a separate strategic divestment.
KKR and E-Land had reportedly agreed to a deal earlier this year worth KRW342-700 billion ($309-632 million). It was understood to have included transfer of a majority stake in 37 Kim's Club superstores...
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