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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. ....

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

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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Struggle continues over control of Hankook Tire

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. ....

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MBK Partners Rules Out Possibility of Raising Price of Tender Offer for Hankook & Company

MBK Partners Rules Out Possibility of Raising Price of Tender Offer for Hankook & Company
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