It has been more than a month since Youngpoong and MBK Partners signed a management cooperation contract last month and publicly purchased Korea Zinc shares.
The financial investment industry predicts that Youngpoong and MBK will secure a single-digit stake, although it is difficult to meet the maximum target quantity as the open purchase price of Youngpoong and MBK is lower than that of Korea Zinc.
If the subscription volume is small, it is also expected that the company will buy the volume first and then move on to a vote competition at the general shareholders' meeting.
Even if Youngpoong and MBK's tender offer ends, Korea Zinc's tender offer will continue until the 23rd.
Korea Zinc will secure up to 17.5% of its total shares in a tender offer of its own shares, while its ally Bain Capital will also buy 2.5% in a separate tender offer.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
Economy
More- The lack of domestic demand is getting longer...'Young people and the construction industry' are directly hit by jobs.
- Hyundai Motor Misses Consolidated Win At World Rally Championship...Driver's First Throne
- "Inflow of $50 billion to $60 billion in bond investment due to the inclusion of the World Government Bond Index"
- "I'll give you cash. Please give me a discount". Subcontracting power...Frontech Penalty KRW 79 Million