SEOUL, May 5 (Reuters) - South Korean auto parts maker Mando Co. is to be sold for as much as $1.5 billion to $2 billion, the Financial Times newspaper said on its Web site (www.ft.com).
The deal, once done, would generate a substantial windfall for owners JP Morgan Partners and Affinity Capital which had invested $446 million in the South Korean company, the FT said.
The deal could stir up resentment over huge returns ...
Sign in to access
this Article
"Sale price for S.Korea's Mando up to $2 bln -media" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
