Reorient sells stake in Korean GP EQ Partners
Korean Investment Holdings has agreed to buy the entire shares in Seoul-based private equity firm EQ Partners from Hong Kong-listed financial services Reorient Group for $6.6 million in cash.
EQ spun out from Korea Investment Holdings in 2010. Reorient bought a one third stake in EQ Partners two years ago from Dongah Tire & Rubber, a Korean auto parts manufacturer, for KRW4.5 billion ($4.1...
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