CVC to buy Korean courier Logen from Baring Asia
CVC Capital Partners has agreed to buy Logen, South Korea’s leading courier company focused on small to mid-volume customers, from Baring Private Equity Asia.
The size of the deal was not disclosed, but local media reported it as approximately KRW300 billion ($270 million). Baring bought the business from Mirae Asset Private Equity - which had acquired it from...
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