Buyouts in Korea

MBK to streamline Lotte Card as fees drop across Korea

As regulators crack down on fees, the private equity firm plans to focus the Korean credit card business company on its more profitable products.

North Asian private equity firm MBK Partners plans to streamline its newly acquired credit card business in South Korea to bolster profitability against a tougher industry backdrop, say industry sources.  

¬ Haymarket Media Limited. All rights reserved.

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