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The months-long dispute among the owner family of Hankook & Company ended in a victory for current Chairman Cho Hyun-bum, the second son of Honorary Chairman Cho Yang-rae, according to market watchers, Tuesday. ....
The family struggle over control of Hankook & Company, which had initally appeared to be settling down with the father siding with the current chairman, is reaching another stage as private equity company MBK Partners raised the price of its public tender offer, according to industry officials, Sunday. ....
Shares of Hankook & Company lost over 25 percent in value Friday, essentially ending a feud over management control between Chairman Cho Hyun-bum and advisor Cho Hyun-shick. ....
MBK Partners Rules Out Possibility of Raising Price of Tender Offer for Hankook & Company koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Private equity firm MBK Partners has ruled out the possibility of raising the price of its public tender offer for Hankook & Company, the holding company of Korea s top tiremaker, a source close to the matter said Monday. ....