Asia Digest: VIG Partners buys Eastar Jet; SeaVantage gets $1.3m funding

Asia Digest: VIG Partners buys Eastar Jet; SeaVantage gets $1.3m funding

Eastar Jet

Private equity firm VIG Partners has taken over the South Korean low-cost carrier Eastar Jet, while Seoul-based marine supply chain solutions provider SeaVantage has raised $1.3 million in funding.

VIG Partners buys Eastar Jet, injects $90m

PE firm VIG Partners on Friday said it has acquired a 100% stake in the South Korean low-cost carrier Eastar Jet Co and will be injecting 100 billion Korean won ($90 million) into the airline.

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