MBK Partners
Korea's NPS selects GP investment partners
Korea’s National Pension Service (NPS), the world’s fourth-largest pension fund, has chosen eight domestic private equity and venture capital GPs to manage its newest, KRW900 billion ($840 million) Pan-Asian fund, according to Money Today.
Korean PE goes full circle
While fundraising efforts and investment and private equity activity have been subdued for some time, exit-focused activity is very much on the boil
MBK exits Gala TV to EQT
EQT Greater China has acquired MBK Partners-backed Taiwanese cable television company Gala TV in the latest big-name media deal out of the country. The buyout firm did not disclose the deal price, but affirmed that the capital came from its $535 million...
Carlyle, MBK not among Hana's backers in KEB bid
The Carlyle Group, MBK Partners and Goldman Sachs have not provided financial backing to South Korean commercial lender Hana Financial in its bid to acquire Korea Exchange Bank (KEB) from US buyout group Lone Star.
MBK may partner with Hana for KEB
MBK Partners, the Korean buyout firm, has reportedly proposed investing KRW1 trillion ($891.6 million) to help Hana Financial Group to buy a controlling stake in Korea Exchange Bank (KEB), according to the Korean Times.
MBK offers Hana $1.7b helping hand
Seoul-based buyout firm MBK Partners has proposed to finance up to two trillion won ($1.7 billion) of Hana Financial Group's takeover of Korea Exchange Bank. Hana Finance have earlier approved a plan to sell up to 1.5 trillion won in local currency bonds.
MBK finds Japanese diamond in the rough
MBK Partners, the Tokyo- and Seoul-based private equity firm, will launch an MBO to acquire 100% of all share capital in Invoice Inc., a publicly listed service provider of consolidating billings, both firms said in an announcement.
MBK Partners seeks to buy out Tokyo-based Invoice for $211.3 million
Invoice Inc., a listed Japanese service provider of consolidating billings, has announced that it will accept a tender buyout offer from pan-regional private equity firm MBK Partners.
MBK lands 2010’s biggest exit with CNS
In October 2006, the month when Partners was labeled the frontrunner to buy 60% of Taiwanese cable giant China Network Systems (CNS) for $1.6 billion, the firm was dubbed ‘fledgling’ by one global financial publication.
Returns, the second time around
The Asian secondary buyouts market is finding its feet, and investors their appetite, but true potential for value-add is still case specific
MBK exits CNS to Want Want in 2010's biggest Asia result
MBK Partners has completed its exit from Taiwanese cable investee China Network Systems (CNS), selling its 60% stake to the head of local conglomerate Want Want China Holdings for $2.4 billion in 2010's largest Asian private equity exit, and nixing expectations...
Lone Star may invite MBK into KEB
Lone Star Funds may be in discussion with MBK Partners to sell a 25% stake in its investee Korea Exchange Bank, as Australia and New Zealand Banking Group (ANZ) continues due diligence on Lone Star's 51.02% stake in the business, according to reports.
Which way for Asian private equity?
The release of CalPERS's latest fund performance results comes at an interesting time.
ANZ/KEB due diligence ongoing
Australia and New Zealand Banking Group (ANZ) is continuing its due diligence for the potential purchase of a 57.27% stake in Lone Star Funds investee Korea Exchange Bank.
MBK-backed Taiwanese TV firm gets Sony bid
Japanese electronics giant Sony Corporation has made an NT$6 billion ($188 million) acquisition bid for MBK Partners-backed Taiwanese cable television company Gala TV, according to local reports.
Bain, Macquarie, Permira in frame for MBK's CNS
Bain Capital and the UK's Permira Advisers, as well as Macquarie Group, are among the final bidders selected by MBK Partners for its Taiwanese cable investee Cable Network Systems (CNS), which could fetch up to $2.5 billion, according to reports.
ANZ diligencing KEB for $3.8 billion stake
After a long-running, stop-and-go series of reports on its participation in bidding for Lone Star Funds' stake in Korea Exchange Bank (KEB), Australia and New Zealand Banking Group (ANZ) has confirmed that it is doing due diligence on an up to 57.27%...
MBK KEB bid status in doubt
MBK Partners' bid for the 51% stake in Korea Exchange Bank owned by Lone Star Funds is in doubt following conflicting reports from Korea, with some media indicating that the buyout firm has failed to put together an acquisition consortium, and others...
ANZ back in KEB frame?
After a stop-and-go involvement in the auction of Lone Star Funds' 51% stake in Korea Exchange Bank, which included a statement earlier this month that it was not considering any deals at all, Australia and New Zealand Banking Group (ANZ) may now be about...
MBK CNS process could jumpstart Taiwan deals
North Asia-focused buyout firm MBK Partners has started the formal sale process for its Taiwanese cable TV/broadband asset China Network Systems (CNS) with the first bidding round, forecast to fetch up to $2.5 billion in a deal shaping up to be one of...
China stakes its claim
PRC dominates as fundraising and IPOs boom in 1H2010
KKR, Permira cited for MBK CNS sale
Kohlberg Kravis Roberts & Co. and UK-headquartered Permira are among potential bidders for China Network Systems (CNS), the Taiwanese cable TV asset that MBK Partners is seeking to exit for up to $2.5 billion, according to reports.
ANZ said out of KEB process
The Australia and New Zealand Banking Group Ltd. (ANZ) is not considering any further participation in Lone Star Funds' sale of its 51% stake in Korea Exchange Bank (KEB), following due diligence, and will also not bid for PT Bank Panin Indonesia, according...
MBK sole bidder for KEB
Pan-Asian independent buyout fund MBK Partners was the only bidder to submit a formal letter of intent to purchase the 51.5% controlling stake in Korea Exchange Bank held by Lone Star Funds and valued at up to $4 billion, according to Korean press reports.