KKR signs 'binding MoU' to buy Korean retailer Kim's Club

KKR signs 'binding MoU' to buy Korean retailer Kim's Club

Visual from Mint

South Korean retail group E-Land said on Wednesday it signed a binding memorandum of understanding (MOU) to sell hypermarket chain Kim’s Club to U.S. private equity fund KKR & Co LP without disclose the price of the deal.

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