South Korea’s second-largest hypermarket chain, Homeplus, has entered corporate rehabilitation proceedings, leading to criticism of its major shareholder, private equity firm MBK Partners ...

The company recently filed a complaint against MBK Partners Chairman Kim Byung-ju, Vice Chairman Kim Kwang-il, and Homeplus CEO Cho Joo-yeon on charges of fraud under the Act on the Aggravated ...

SEOUL, South Korea--(BUSINESS WIRE)--Several notable US House of Representatives members and other political figures have expressed concerns regarding MBK Partners’ attempted takeover of Korea ...