Hahn launches tender offer for Korean medical devices player
Hahn & Company has launched a KRW 957bn (USD 735.9m) tender offer for listed Korean medical devices manufacturer Lutronic, working in conjunction with the company’s founder and CEO.
The private equity firm has entered into a definitive agreement to acquire 5.15m shares held by Hae-lyung Hwang for KRW 36,700 apiece. Hwang will receive KRW 188.9bn for his 19.33% stake, according to...
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