Prior to MBK Partners official announcement of its tender offer plan for Kosdaq-listed ConnectWave on Monday, both of their stocks trading volumes and prices experienced an exceptional surge during Friday s trading session.
Michael ByungJu Kim, founder and chairman of global private equity firm MBK Partners, has donated $25 million (35 billion won) to Haverford College, his alma mater located in the U.S. state of Pennsylvania, earlier this month, continuing his manifold charitable activities.
MBK Partners has acquired a major stake in pharmaceutical wholesaler Geo-Young, strengthening the private equity s health care-focused investment portfolio. The deal is also the largest acquisition transaction on the domestic M&A market this year so far.
MBK Partners Special Situations Fund is expected to participate in an acquisition bid for Asiana Airlines cargo business by teaming up with a domestic low-cost carrier (LLC), according to company officials and industry watchers, Sunday.
Michael ByungJu Kim, co-founder and chairman of global private equity firm MBK Partners, said Korea s discounted share prices continue to provide opportunities for value investments.