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Failed Hankook takeover a lesson for conglomerates

The attempt by homegrown private equity firm MBK Partners to acquire a stake in Hankook & Co. the holding company behind South Korean tire giant Hankook Tire & Technology has failed, but it has served as a wake-up call for Korean conglomerates with poor corporate governance. MBK’s move in the last few weeks for a hostile takeover of Korea's No. 1 tire company and its demand for the improvemen.

MBK Partners Hankook & Company Acquisition Bid Collapses; Investigation on Advance Trading In the Offing

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MBK ups stakes in Hankook bid

Seoul-based private equity firm MBK Partners is gearing up for a second round in a battle for control of Hankook & Co., the holding company behind the world’s sixth-largest tiremaker, Hankook Tire & Technology. On Friday, MBK Partners announced through Ventura, a special purpose company set up by the private equity firm, that it has raised its offer for the public tender for Hankook & Co., from 20,0.

On-Chip Lidar Developer SiLC Garners Additional $25M in Funding | Business | Nov 2023

On-Chip Lidar Developer SiLC Garners Additional $25M in Funding | Business | Nov 2023
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Korean Scientists Spark New Market Frenzy With MXene Breakthrough

On Thursday, the Korea Institute of Science and Technology announced the development of a new technology that can mass-produce "MXene, a compound that can be used in various industrial applications

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