Dutch Electronics Giant Philips Proposes Takeover of Coway Stake

SEOUL, Sept. 10 (Korea Bizwire) — Dutch electronics giant Philips has expressed interest in taking over a stake in Coway, South Korea’s top water purification maker which has been put on the selling block, industry sources said Thursday. Last month, Seoul-based private equity fund MBK Partners picked Goldman Sachs as a lead manager of the sale [...]