Carlyle Archives | Be Korea-savvy

Hyundai Motor Chairman, Father Sell 10-pct Stake in Logistics Unit to Carlyle

SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor Group Chairman Chung Euisun and honorary group chief Chung Mong-koo sold their combined 10 percent stake in Hyundai Glovis to the global private equity firm Carlyle Group, the logistics unit of the group said Wednesday. The junior Chung sold a 3.29 percent stake and his father unloaded [...]

Carlyle Acquires Major Coffee Chain Operator in S. Korea

SEOUL, Nov. 19 (Korea Bizwire) — Carlyle Group, one of the world’s largest global private equity firms, said Friday it has acquired A Twosome Place, a major coffee chain operator in South Korea, as part of efforts to build a foothold in the country’s retail sector. Carlyle said it “has entered into a definitive agreement [...]