Posted on: January 25, 2010 by PEHub Administrator
SEOUL (Reuters) – South Korean retailer Lotte Group said on Monday it will take over the convenience store chain Buy The Way from private equity firm Unitas Capital for about $235 million, in a move to challenge sector leader FamilyMart (8028.T). Asia-focused Unitas aimed to sell the retailer and sought to close the deal by [...]
Tags: Buy The Way, Lotte Group, Unitas Capital
Posted on: January 14, 2010 by PEHub Administrator
TOKYO (Reuters) – Japanese retailer Ministop (9946.T), South Korea’s Lotte Group and U.S. private equity firm Carlyle Group will make final bids for South Korean retailer Buy The Way on Friday, two sources said. Unitas Capital, the private equity firm auctioning off Buy The Way, is looking to sell the convenience store chain for no [...]
Tags: Buy The Way, Carlyle Group
Posted on: December 14, 2009 by PEHub Administrator
SEOUL (Reuters) – South Korean online mall operator Interpark (035080.KQ) said on Monday it had submitted a preliminary bid to buy local convenience store chain Buy The Way from private equity firm Unitas Capital. “We have participated in the bid for Buy The Way, but we have not heard from the seller yet. This is [...]
Tags: Buy The Way, Unitas Capital
Posted on: November 24, 2009 by PEHub Administrator
HONG KONG (Reuters) – Asia-focused private equity firm Unitas Capital received nine bids for South Korean retailer Buy The Way, most in excess of $260 million, a source familiar with the situation said on Tuesday. Unitas, formerly known as CCMP Capital Asia, acquired South Korea’s fourth-largest convenience store chain in July 2006 in a leveraged [...]
Tags: Buy The Way, Unitas Capital