CVC to sell Korea's WiniaMando to Hyundai Green Food
CVC Capital Partners has agreed to sell WiniaMando, a South Korean manufacturer of kimchi refrigerators, to Hyundai Green Food, a subsidiary of leading domestic retailer Hyundai Department Store. The deal is worth around KRW150 billion ($146 million).
Hyundai Department Store confirmed in a regulatory filing that the two parties signed a memorandum of understanding on August 7. The deal is expected to close in September. Winia Mando developed Korea's...
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