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Korea Zinc attempts to fend off takeover with stake buyback
Korea Zinc said on Monday it has secured 9.85% of the company's shares in a buyback that it launched to block shareholders from selling their stakes to its top investor Young Poong and private equity firm MBK.
Korea Zinc Chairman and Bain Get About 11% of Company in Buyback
A buyback of Korea Zinc Co. shares has given Chairman Choi Yun-beom and Bain Capital an additional 11% of the company’s shares, according to a regulatory filing.
(LEAD) Korea Zinc completes buyback in battle over management control
Korea Zinc Co. said Monday it, together with Bain Capital, has acquired an 11.26 percent stake in the world's biggest zinc smelter in a buyback aimed at defending its management control from a multibillion-dollar takeover attempt.
Korea Zinc attempts to fend off takeover with $1.5 billion share buyback
Korea Zinc said on Monday it has secured 9.85% of the company's shares in a $1.5 billion buyback that it launched to block shareholders from selling their stakes to its top investor Young Poong and private equity firm MBK.
Korea Zinc grabs 11% stake in bid to fend off takeover
Korea Zinc secured 11.26 percent of its own shares in a buyback aimed at fending off a “hostile” takeover attempt.
11h
on MSN
South Korea's Birth Rate Sees Glimmer of Hope
The country's statistics ministry cited the COVID pandemic as a driver of the baby bump, with couples delaying marriage ...
8h
on MSN
North Korea blames South's military for drone intrusion
North Korea's defence ministry blamed South Korea's military for sending drones into its territory for political purposes, ...
4h
South Korea Vows to Fight Volatility After Won Hits Three-Month Low
South Korea’s finance minister has promised to act swiftly to curb excessive volatility in the won, the latest sign officials ...
2d
on MSN
Is North Korea Preparing for War?
Pyongyang branded Seoul the "principal enemy" earlier this year, abandoning decades of efforts toward reunification of the ...
7h
on MSN
Korea Box Office: ‘Venom: The Last Dance' Takes Top Spot on Year's Slowest Weekend
"Venom: The Last Dance" waltzed to a weekend win in South Korea, but failed to shake the country's box office out of its ...
20h
North Korea Says Any Deployment to Aid Russia Would Be Lawful
Ukraine says North Korean participation in the war, which began with Russia's full-scale invasion of Ukraine in Feb. 2022, ...
2d
What are North Korea's military capabilities and how powerful are they?
North Korea's military has come under the spotlight after the United States joined South Korea and Ukraine this week to ...
9h
on MSN
Zelenskyy says Ukraine will be forced to fight against North Korea as he calls on allies to increase pressure on Russia
In an evening address posted on Telegram, Zelenskyy said North Korean forces could appear on the battlefield "any day now." ...
1d
on MSN
Aliens, North Korea, election interference: Takeaways from Trump's Rogan appearance
Donald Trump's nearly three hour appearance on "The Joe Rogan Experience" was aimed at targeting young, male voters.
1d
BBC Studios and JTBC to co-produce original documentary series 'Deep Dive Korea: Song Ji-Hyo's Haenyeo Adventure'
Hyo’s Haenyeo Adventure’ is BBC Studios’ first original production in Korea and its first co-production with JTBC ...
1h
Why North Korea is starting to become a ‘forgotten’ space for China and the US
Political scientist Kim Heung-kyu on the state of play on the Korean peninsula and how Seoul can benefit from ...
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