MBK to buy stake in Korean golf course business
MBK Partners, which completed its acquisition of Japanese golf course operator Accordia Golf earlier this year, has agreed to take a stake in the golf course management business of Korea-listed Golfzon.
According to a filing, Golfzon will spin off Golfzon County and MBK will participate in a new equity issuance amounting to one share less than the division's current total outstanding shares. The capital...
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