Glenwood, NH agree $561m sale of Korea's Tongyang Magic
Glenwood Private Equity and NH Private Equity have agreed to sell Korean consumer appliances manufacturer Tongyang Magic to SK Networks for KRW619 billion ($561 million).
SK confirmed the deal in a regulatory filing. It comes several days after the company was selected as the preferred bidder for Tongyang Magic, having overcome competition from prospective financial and...
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