SEOUL, May 10 (Reuters) - Two buyout funds, JP Morgan Partners and Affinity Equity Partners, are considering selling a majority stake in South Korean auto parts maker, Mando Corp., which they bought for $446 million, a Mando spokesman said on Tuesday.
The pair bought a 72.3 percent stake in the unlisted Korean firm in 2000, joining other overseas funds snapping up distressed Korean assets after the Asian financial crisis of the late 1990s.
The Financial Times has ...
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