S Korea’s Asia Cement wins bid to acquire Baring PE-owned Halla Blue tile on cement. Shiwen Yap November 13, 2017 PremiumSouth Korean cement producer Asia Cement Co. is set to acquire Halla Cement Corp in a deal that will see the exit of Hong Kong-based Baring Private Equity Asia, which wholly owns the firm. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at email@example.com.