MegastudyEdu Founder and Chairman Son Joo-eun MBK Partners’ talks to buy a controlling stake in South Korea’s MegaStudyEdu Co. have collapsed, the company said on Friday, a deal estimated at up to 700 billion won ($510 million).The North Asia-based private equity firm had ente
Kakao Mobility provides taxi-hailing, car parking and chauffeur services South Korea's Kakao Corp. has terminated talks with MBK Partners to sell a stake in Kakao Mobility Corp., the country’s No. 1 taxi-hailing app, in the face of pushback from its employees and unionized replacement dri
Megazone Cloud is the Korean business partner of Amazon Web Service (AWS) Megazone Cloud Corp., South Korea’s largest managed cloud service provider (MSP), has completed its Series C funding round with a combined 450 billion won ($343 million) in investment from MBK Partners and IMM Priva
LOCA is Lotte Card's new brand name MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's Lotte Card Co., for which the private equity firm hopes to fetch over 3 trillion won ($2.5 billion), according
MBK’s Partner and co-Founder Michael ByungJu Kim (at center) with MBK scholarship recipients in 2019 South Korea-based MBK Partners has selected 14 Korean students who are starting their first semester of college next month as this year's recipients of its scholarship foundation.The MBK S