Yonhap Infomax NewsYoung Poong Corp. and MBK Partners have filed for an injunction to block Korea Zinc's $2.2 billion rights offering to a U.S. JV, alleging it unlawfully defends management control; Korea Zinc counters the move is driven by strategic business needs.
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https://en.infomaxai.com/news/articleView.html?idxno=95847
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#KoreaZinc #YoungPoong #MBKPartners #RightsOffering #USSmelter
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95847
'Desperate Choi Yoon-beom Pushes Through Unlawful Capital Increase'—Inside the Injunction Filing by Young Poong and MBK
Young Poong Corp. and MBK Partners have filed for an injunction to block Korea Zinc's $2.2 billion rights offering to a U.S. JV, alleging it unlawfully defends management control; Korea Zinc counters the move is driven by strategic business needs.