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2 days ago · However, a battle for control erupted between the two sides after current Chairman Choi Yun-beom, who took office in 2022, sought to separate the company from Young Poong.
2 days ago · Michael Byung Ju Kim, known as the “godfather of Asian private equity”, is leading a takeover bid aimed at Korea Zinc’s chair Choi Yun-beom, a scion of one of the company’s two founding ...
2 days ago · Korea Zinc Chairman Choi Yun-beom speaks during a press conference held at the Grand Hyatt Seoul in Yongsan-gu, Seoul, on Wednesday. (Yonhap) Korea Zinc, the world's largest zinc smelter, is ...
1 day ago · Choi Yun-beom, second right, speaks during a news conference in Seoul on Oct. 2. (SeongJoon Cho/Photographer: SeongJoon Cho/Bloo) (Bloomberg) -- Korea Zinc Co., which is fending off an unsolicited bid for control from a private equity firm, has roped in Bain Capital to buy back up to 18% outstanding shares of the Seoul-listed company.
1 day ago · Water vapor and smoke rise from a Korea Zinc smelting factory at sunrise in Ulsan, South Korea, on Jan. 24, 2024. A spat between two wealthy South Korean families over the future of an $11 billion ...
4 days ago · 010130.KS. (Bloomberg) -- MBK Partners is open to considering a higher offer to take control of Korea Zinc Co. if rival suitors for the world’s biggest producer of refined zinc and lead emerge ...
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2 days ago · Korea Zinc Chairman Choi Yun-beom said the firm, along with U.S. investment company Bain Capital, has reserved 3.1 trillion won ($2.35 billion) to buy 3,209,009 shares, or 18 percent, at 830,000 won each. This is around 10.6 percent higher than the 750,000 won offered by Young Poong and MBK Partners.