Beating private equity firms such as MBK Partners, online shopping mall operator Interpark has been named the preferred bidder for Samsung Group’s procurement arm iMarketKorea Inc., Reuters reported.
(Reuters) – Online shopping mall operator Interpark has been named the preferred bidder for Samsung Group’s procurement arm iMarketKorea Inc , a media report said, beating private equity firms such as MBK Partners.
MoneyToday reported on Monday that Samsung Group’s nine affiliates, which own a 58.7 percent stake in the firm, plan to hold a board meeting to approve the selection.
A spokesman at Interpark said the firm was looking into the report.
(Reporting by Jumin Park; Editing by Jonathan Hopfner)