Korean PE Funds Mull Bid for Woori

Korean private equity investors Vogo Fund and MBK Partners are considering a bid in the government's continuing $6 billion auction of a stake in Woori Finance Holdings, Reuters reported Monday, citing a report in the Maeil Business Newspaper. The Woori sale is the country's biggest-ever privatization project. The government is planning to accept letters of intent to buy at least 30 percent of Woori by June 29, Reuters wrote.

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