Vogo, MBK consider Woori bids - report
South Korea-based Vogo Fund and MBK Partners may re-enter the fray to purchase the government’s 57% stake in Woori Finance Holdings, local media reports. This comes as authorities look to restart the up-to $6 billion bidding process for the country’s third-largest financial services group.
According to Reuters, citing the Maeil Business Newspaper, both Vogo and MBK announced their interest in participating in the auction last year when the Woori stake first went on to block. That initial...
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