homeplus

MBK to exit Homeplus Reit after turnaround challenges

In the face of multiple headwinds within South Korea's retail market, the Asia-focused private equity firm plans to sell part of the hypermarket chain it purchased only four years ago.

February 28, 2019

MBK takes bite of Godiva’s Asia-Pacific business

The north Asia private equity firm has spread its reach southwards to purchase Asia-Pacific assets from Godiva Chocolatier’s owner Yildiz Holding.

February 21, 2019

Lee to spearhead TPG’s return to Korea

The eldest son of Samsung chairman Lee Kun-hee’s former right-hand man Lee Hak-soo will help the private equity firm return to the fiercely competitive buyout market.

August 23, 2016

FinanceAsia Achievement Awards — Part 3

We are pleased to announce the winners of our regional deal awards for 2015.

November 26, 2015

MBK kicks off turnround of Korea’s Homeplus

After winning a highly competitive auction, MBK must roll up its sleeves and work hard to stop falling like-for-like sales at Tesco’s Korean retail unit.

September 07, 2015

Buyout of Homeplus propels MBK into big league

The north Asia-focused private equity firm is stepping up in terms of deal size with the purchase of Tesco’s Korean discount retailer.

September 02, 2015

M&A bankers hopeful despite China's market woe

Bank of China (Hong Kong)'s sale of Nanyang Commercial Bank attracted only one bidder while Tesco's sale of Homeplus is still in the works.

August 27, 2015

HSBC names Bevan Asia-Pac financial sponsors head

Michael Bevan replaces Lindsay Chu, who moved to Nomura.

August 13, 2015

CVC appoints JP Morgan's Lim as Korea chairman

The private equity firm has hired Steve Lim at a time when buyouts are mushrooming in Korea.

August 13, 2015