Increasing PE Interest In South Korea Underlines M&A Prospects

Reports that the private equity arm of Standard Chartered is looking to invest in a number of South Korean companies in the next 18 months underlines CFW's view on the scope for an uptick in M&A in the country (see 'South Korean M&A To Rebound On Macro Outlook?', CFW¸ August 3 2009) Standard Chartered Private Equity manages US$1.2bn in assets in Asia, typically investing investing US$20mn - US$50mn in a target for a minority equity stake in medium-sized companies or groups with international ambitions and assets of between KRW4trn (US$3.3bn) and KRW10trn. Charles Huh, who heads the South Korean

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