MBK among bidders for GS Caltex stake - report
Approximately 10 companies, including trade players and Korean private equity firm MBK Partners, have reportedly submitted bids to acquire a 50% stake in South Korean oil refiner GS Caltex Corp. in a deal that could be worth KRW300 billion ($263.9 million).
Reuters, citing Korea's MoneyToday, notes that Electricity Generating (EGCO) and the Electricity Generating Authority of Thailand are among GS Caltex's suitors, who were believed to have bid around KRW300...
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