MBK monetises Coway stake for $330m

Asia-focused private equity firm continues its dealmaking run in the public market by selling a 5% stake in South Korea’s leading water purifier manufacturer.

MBK Partners partially cashed out its stake in South Korea’s Coway through an accelerated bookbuild (ABB) of shares on Monday, extending a dealmaking streak in the public markets that began early last year.

¬ Haymarket Media Limited. All rights reserved.

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