Activism not yet a key driver of Korean corporate divestments - AVCJ Forum
Shareholder activism is becoming more prevalent in Korea among the country’s chaebol groups, but it still trails distress sales and divestments of non-core divisions as sources of private equity deal flow.
There have been several high-profile cases of activism, notably Elliott Management’s unsuccessful proxy fight with Samsung over the merger of two subsidiaries that resulted in a massive corruption scandal...
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