Korea Zinc, Young Poong and MBK Partners
Korea Zinc's tender offer, Young Poong's second filing further bring feud to head
Korea Zinc, the world's largest zinc smelter, is launching a tender offer to repurchase shares valued at up to 3.1 trillion won ($2.25 billion) to defend its position in the ongoing management dispute with Young Poong,
(LEAD) Korea Zinc to make counteroffer to buy back own shares to fend off MBK, Young Poong
Korea Zinc Inc. said Wednesday it plans to make a counteroffer to buy back and cancel its own shares to fend off a tender offer by private equity firm MBK Partners and Young Poong, the biggest shareholder of the world's largest zinc smelter.
Korea Zinc, MBK stake everything in ownership battle
Both Korea Zinc and an alliance between private equity firm MBK Partners and Young Poong are making last-ditch efforts in their escalating battle to secure management rights over the world’s largest zinc smelter.
MBK May Consider Higher Bid for Korea Zinc If Rivals Emerge
MBK Partners is open to considering a higher offer to take control of Korea Zinc Co. if rival suitors for the world’s biggest producer of refined zinc and lead emerge, a top executive of the private equity firm said.
Korea Zinc Teams Up With Bain Capital to Thwart Takeover Bid
Korea Zinc has teamed up with U.S. private-equity firm Bain Capital to thwart what it calls a hostile takeover by South Korean investment company MBK Partners.
Private equity MBK, Young Poong raise tender offer to $1.7 bil. for Korea Zinc shares
Private equity firm MBK Partners and Young Poong raised their tender offer price for shares in top non-ferrous metal smelter Korea Zinc to 750,000 won per share, up from 660,000 won initially, they said in a regulatory filing.
Korea Zinc to make $2 billion share tender offer in bid to fend off takeover
Korea Zinc said it was making a public tender offer to buy an up to 16% stake in the company for 2.7 trillion won ($2.0 billion), seeking to fend off what it has termed as a hostile takeover attempt on the world's biggest refined zinc producer.
Korea Zinc, Bain Team Up to Buy Back Shares Above MBK’s Bid
Korea Zinc Co., which is fending off an unsolicited bid for control from a private equity firm, has roped in Bain Capital to buy back up to 18% outstanding shares of the Seoul-listed company.
Korea Zinc partners with Bain Capital on share buyback to halt takeover bid
Korea Zinc, the world’s largest zinc smelter, made a public tender offer Wednesday for an 18 percent stake of the company, countering Young Poong and MBK Partners’ offer for a controlling stake.
Yonhap News Agency16h
Court dismisses Young Poong's injunction in battle for control of Korea Zinc
SEOUL, Oct. 2 (Yonhap) -- A Seoul court on Wednesday dismissed an injunction requested by Young Poong in the intensifying ...
A Bitter Feud Risks Ripping Apart an $11 Billion Metals Empire
A spat between two wealthy South Korean families over the future of an $11 billion zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply ...
Young Poong says no better offer for Korea Zinc
Amid the intensified dispute over the management of Korea Zinc, the world’s largest zinc smelter, a Young Poong executive ...
Business Wire7d
Vice Chairman and CTO of Korea Zinc Lee Je-joong expresses his deep refusal to the MBK Partners and Young Poong M&A
Vice Chairman Lee Je-joong, a living witness to Korea Zinc's history of growth, held a press conference on Sep. 24, stating, “I, along with key techni ...
Yahoo Finance7d
Discovering Young Poong Precision And 2 Hidden Small Caps with Strong Fundamentals
In this favorable environment, identifying stocks with strong fundamentals can be particularly rewarding; here we explore Young Poong Precision and two other hidden small caps that stand out. Name ...