MBK to exit Homeplus Reit after turnaround challenges

In the face of multiple headwinds within South Korea's retail market, the Asia-focused private equity firm plans to sell part of the hypermarket chain it purchased only four years ago.

As the private equity firm struggles to navigate the country’s retail market, MBK Partners is making a partial exit from Homeplus about four years after it bought the South Korean hypermarket chain.

¬ Haymarket Media Limited. All rights reserved.

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