Korea Zinc chairman steps down amid takeover battle and shareholder struggles
The decision comes amidst an intensifying takeover struggle involving founding family members and external investors Young Poong, a South Korean conglomerate, and private equity firm MBK Partners. Korea Zinc had originally planned to issue the shares to ...
Korea Zinc to Decide on Disputed $1.8 Billion Share Plan As Pressure Rises
Korea Zinc Co.’s board will meet on Wednesday to decide whether or not to proceed with a $1.8 billion share sale plan which prompted a selloff in the stock and triggered an investigation by the country’s financial watchdog.
The Korea Times on MSN4h
MBK files lawsuit against Korea Zinc directors, seeks $500 million in damagesChairman Choi Yun-beom face complaintThe alliance between private equity firm MBK Partners and Young Poong filed a ...
Young Poong, the world’s sixth-largest zinc smelter, has been ordered to close down its refinery facility for two months ...
SEOUL, South Korea--(BUSINESS WIRE)--Supreme Court of Korea has ordered Young Poong, currently engaged in a management dispute with Korea Zinc (KRX:010130), to suspend operations at its Seokpo ...
The Korea Times on MSN24d
MBK, Young Poong express dismay over court ruling on Korea ZincPrivate equity firm MBK Partners and Young Poong, which teamed up in a bid to gain management control over Korea Zinc, ...
Young Poong, a Korean zinc smelter, has come under fire for environmental violations and an array of industrial accidents ...
MBK and Young Poong want their representatives to account for more than half the board of the world's biggest zinc refiner, Kim Kwang-il, a partner at MBK, told Reuters in an interview, adding ...
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