bullish
MBK Raises Tender Offer Price of Young Poong Precision to 30,000 Won
704 Views03 Oct 2024 19:31
MBK Partners announced that it is raising its tender offer price for Young Poong Precision from 25,000 won to 30,000 won, matching Choi family's tender offer price of 30,000 won.
What is covered in the Full Insight:
- Introduction to MBK's Revised Tender Offer
- Details of Young Poong Precision's Stake in Korea Zinc
- Young Poong Precision's Industry Contributions
- Major Shareholders of Young Poong Precision
- Conclusion and Future Implications
Boomeranged on Fri, 11 Oct 2024 07:10
On 11 October (prior to market open), it was reported that Jericho Partners (a SPC company on the side of Korea Zinc Chairman Choi Yoon-Beom) has raised the tender offer price of Young Poong Precision (036560 KS) to 35,000 won (from 30,000 won previously). Young Poong Precision owns a 1.85% stake in Korea Zinc. MBK's current tender offer price of Young Poong Precision is 30,000 won.
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