MBK plans to sell its troubled Korean supermarket chain Homeplus

Sanatate

SEOUL/HONG KONG :MBK Partners is seeking to put up for sale its embattled South Korean supermarket chain Homeplus, to avert liquidation of the retailer, the Northeast Asia-focused private equity firm said on Friday. In March, MBK filed for a court-led restructuring of South Korea's No. 2 grocery retailer to avoid bankruptcy of the firm, reeling from the fall-out of the COVID-19 pandemic and growing competition from e-commerce rivals. A recent court-commissioned review showed the retailer's

Tag-uri: Coronavirus

MBK plans to sell its troubled Korean supermarket chain Homeplus https://www.channelnewsasia.com/ - 13.06.2025 10:58

din zilele anterioare

MBK plans to sell its troubled Korean supermarket chain Homeplus https://www.channelnewsasia.com/ - 13.06.2025 10:58