Homeplus' court filing projects bankruptcy in worst-case scenario
Retailer warns of W739.5b cash shortfall by May amid worsening liquidity crunch Homeplus, South Korea’s second-largest ...
Opinion
Korea JoongAng Daily12dOpinion
Are private equity funds pursuing short-term gains instead of acting as 'catalysts in a stagnant pond'?
MBK’s acquisition of Homeplus exemplifies the risks associated with PEF-driven leveraged buyouts. MBK financed 2.7 trillion won through loans. Homeplus, had to sell off prime stores to pay off its ...
Homeplus seeks to fix controversy over issuing empty shell bonds
MBK chief pledges personal wealth to aid small suppliers Homeplus, the country’s second-largest hypermarket chain, said on Monday it is committed to fulfilling its financial obligations by repaying ...
KED Global13d
Red flags raised even before Homeplus crisis: Sales fall, credit ratings cut
Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening ...
Vishal Mega Mart Shares in Green As Rs 1,523 Crore Worth Shares Lock-in Ends
Vishal Mega Mart brought its IPO worth Rs 8,000 crore in December and almost aligned with grey market expectations. Around three percent of company shareholders will become eligible for trading on ...