InterPark Inks Deal for iMarketKorea

A consortium led by online shopping mall operator InterPark Corp. has signed a deal to take over Samsung Group procurement arm iMarketKorea Inc. in a deal worth more than 422 billion won ($378.4 million), Reuters reported Friday. On Monday, the InterPark-led consortium beat private equity firms KKR & Co. and MBK Partners when it was picked as preferred bidder for iMarketKorea, set up by Samsung in 2000 to provide goods and maintenance services for business clients, Reuters wrote.

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