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GIC set to buy stake in Starbucks Korea for $700 mn


GIC set to buy stake in Starbucks Korea for $700 mn
The sovereign wealth fund may consider Starbucks Korea s IPO as an exit option
By
Singapore s sovereign wealth fund GIC Private Ltd. is set to sign an agreement next week to buy a 30% stake in Starbucks Korea from the coffeehouse chain s parent company for 800 billion won ($700 million), according to investment banking sources.
As part of the upcoming deal, Seattle-based Starbucks Corp. is selling its remaining 20% stake in the South Korean joint venture to E-Mart Inc. which will eventually end up with a 70% stake in Starbucks Korea. E-Mart is Shinsegae Group s supermarket chain.  ....

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IB-turned-podcaster in quest of hidden startup gems


Podcast series on CEO Roundtable-Bridging Asia
A seasoned investment banker of Korean origin, David Kim, has turned his attention to rising startups that have yet to receive attention and has been introducing them as a podcast hoster, with a mission to connect them with investors around the world.
He has launched two podcasting channels for interviews CEO Roundtable-Bridging Asia and Asian Investors. On the platforms, he uploads three to four episodes every week, including interviews with a top advisor of Elliott Asset Management, CEO of the world s largest fish farm investment firm and Nepal s instant noodle king.
a senior advisor to Elliott Associates, which is a world-famous leading U.S. based activist investment fund founded by Mr. Paul Singer and the founding managing partner of the world s first and largest fishfarming investment fund from Netherlandsand and CEO of Nepal s largest conglomerate also know as the noodle king. ....

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