Seoul Court Rules in Favor of Kyobo Life in Legal Battle with Hong Kong-based PEF

SEOUL, Dec. 28 (Korea Bizwire) — A Seoul court has rejected a Hong Kong-based private equity firm’s request for Kyobo Life Insurance Co. to carry out its obligation with regard to a put option that it has been trying to exercise, the South Korean insurer said Tuesday. The ruling appears to have removed a major [...]