:. Food Industry News

Categories: Mergers and Acquisitions

Doosan Says MBK Partners to Buy Packing Unit for $295 Mln

Source: Reuters
13/11/2008

Seoul, Nov 13 - South Korea's Doosan Corp said on Thursday local private equity house MBK Partners had agreed to buy Doosan's packing unit for 400 billion won ($295.3 million).

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Food, beverage and clothing company Doosan said in a statement that MBK would pay 200.8 billion won in cash for the 100 percent stake and take over 199.2 billion won in debts.



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