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From decade-long underdogs, South Korea’s indigenous private equity fund (PEF) operators have emerged as big players in the local financial industry, especially in the merger and acquisition (M&A) market. Breaking with their traditional role as mutual fund…
A group led by MBK Partners Ltd., North Asia’s biggest independent buyout firm, is trying to close a deal to buy Tesco Plc’s business in South Korea for about $6 billion, including debt. The acquisition, if completed, would be the country’s biggest private…
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