J.C Flowers considers joint bid with TStone for Woori
J.C. Flowers is in talks with TStone, the South Korean private equity firm, to join the bid for a 57% stake in Woori Financial Holdings that is being divested by the Korean government, Reuters reported.
Three South Korean private equity funds, Vogo Fund, Tstone and MBK Partners, have emerged as potential bidders for the stake, worth an estimated $6 billion. The government has said it will consider offers...
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