SWFI First Read, September 7, 2015
Homeplus Deal Finds Buyers
It’s official, CPPIB will get a 21.5% stake in Homeplus, South Korean business, for US$ 534 million. CPPIB is just one investor in a consortium led by MBK Partners. The total transaction value is approximately US$ 6 billion. Other investors include Temasek Holdings and PSP Investments. The deal represents an enterprise value of £4,240 million. HSBC Bank was the lead financial advisor for Tesco. Barclays Bank was also a financial advisor and sponsor to Tesco in relations to the sale.
Oman SWF Gets Closer to Vietnamese Port
[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute