SCPE backs acquisition of Korean packaging business
Standard Chartered Private Equity (SCPE) is participating in the KRW415 billion ($396 million) acquisition of South Korean conglomerate Hyosung Corporation’s packaging business.
Hyosung identified SCPE as the buyer in a regulatory filing. The identities of other investors in the deal have not been disclosed, but the check size falls well beyond SCPE's typical range for solo transactions...
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