The $90 billion Korea Federation of Community Credit Cooperatives is seeking a stake in Woori Financial Group.
Tag : mbk
MBK Partners will work with the National Pension Service to attract $2 billion capital for investments in Korea. Oaktree has allotted $3 billion for investments in Korea.
MBK Partners stands firm on its takeover offer which, as of April 30, had been accepted by 77.19% of AsiaPharmÆs shareholders. Templeton remains opposed to the deal.
The private equity company has no plans to raise its S$0.725 per share offer for the Chinese pharmaceutical firm, but reserves the right to revise the offer price if a competitive situation arises.
Templeton, a minority shareholder of AsiaPharm, is opposing a S$357.4 million management buyout offer for the Chinese pharmaceutical company and says the latest fourth quarter results are crucial in assessing the offer.
The $109 billion Korean institution is also targeting openings in overseas private equity via KKR.