Michael ByungJu Kim, co-founder, partner and chairman of MBK Partners Michael ByungJu Kim, the co-founder, partner and chairman of Northeast Asia-focused private equity firm (PEF) MBK Partners Ltd., is expected to leverage his personal wealth to pay suppliers to Homeplus Co., South Korea&
South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 million) from its investment in Homeplus Co., a major local hypermarket chain operator hamstrung by a financial crunch.According to the investment ba
Shinsegae Chairman Chung Yong-jin speaks at a new employee orientation session in February 2025 Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket outlets, defying the slowdown in the offline retail sector.His remarks c
Homeplus' logo seen outside an outet in central Seoul South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed for corporate rehabilitation with a Seoul court amid growing market concerns about its finan
A Homeplus Express store in Seoul MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potential buyers' interest is increasingly waning over valuation differences.The South Korean private equity firm put Ho
Homeplus Express store in Seoul (File photo, courtesy of Homeplus) MBK Partners, the North Asia-focused private equity firm, has put the supermarket chain unit of South Korea’s hypermarket operator Homeplus up for sale as part of ongoing efforts to improve the retailer's financial health