Baring Asia buys Korean leasing business from JC Flowers
Baring Private Equity Asia has acquired Korean consumer finance and leasing services provider Acuon Capital from JC Flowers for an undisclosed sum.
Acuon claims to have 335,000 customers and a loan portfolio of $3.9 billion. The company was formed by merging three Korean lending businesses JC Flowers had acquired during 2015 and 2016. These included...
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