MBK Partners offers $1.73B to Fund Takeover of KEB

Buyout shop MBK Partners said it would invest up to 2 trillion won ($1.73 billion) in Hana Financial Group’s buyout of Korea Exchange Bank, Reuters said, citing a report in online news outlet MoneyToday. The fund said it would create a consortium of investors including National Pension Service to help fund the $4.1 billion acquisition of KEB.

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