MBK to buy control of Korea e-commerce solutions provider
MBK Partners has agreed to buy a controlling stake in KoreaCenter, a Korea-based e-commerce services provider, for KRW 491.7bn (USD 429.8m) across several equity and debt transactions.
The private equity firm will pay Ki-rok Kim and Seong-jin Im – KoreaCenter’s CEO and vice president – KRW 193.7bn for a 24.89% interest, according to a filing. This will be followed by a new share...
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