Woongjin consortium to buy Coway for 1.68 trillion won

Woongjin Co.'s consortium, including Woongjin Thinkbig and STIC Investment, signed an agreement to acquire a 22.17% stake in Coway Co. from MBK Partners for 1.68 trillion won ($1.48 billion). The deal is set to close around March 2019.

“The acquisition of Coway will serve as a driving force of Woongjin Group.”en.yna.co.kr

• 1 source
• en.yna.co.kr(LEAD) Woongjin to buy back water purification maker Coway for 1.68 tln won | Yonhap News AgencyOct 29, 2018

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