S Korea: MBK Partners exits water purifier business Coway for $1.48b

S Korea: MBK Partners exits water purifier business Coway for $1.48b

South Korea’s private equity firm MBK Partners has completely exited leading water purifier maker and rental firm Coway Co by selling its 22.17 per cent stake to Woongjin Co, the former owner, for W1.68 trillion ($1.48 billion).

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