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MBK Partners Acquires Additional 1.36% Stake in Korea Zinc Through On-Market Purchases

MBK Partners acquired an additional 1.36% stake through on-market purchases following the completion of the tender offer for Korea Zinc.


MBK Partners Acquires Additional 1.36% Stake in Korea Zinc Through On-Market Purchases Yonhap News

According to the Financial Supervisory Service's electronic disclosure system on the 11th, MBK Partners' special purpose company (SPC), Korea Investment Holdings, disclosed that it acquired 282,366 shares of Korea Zinc (1.36% of the total issued shares) from the 18th of last month, after the tender offer settlement date, until this day.


As a result, the Korea Zinc stake held by the MBK Partners and Youngpoong alliance increased from the previous 38.47% to 39.83%.


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