Namyang was the longtime leader in South Korea's dairy market Private equity firm Hahn & Co. on Friday won shareholder approval to replace Namyang Dairy Products Co.'s board of directors with Hahn's executives and other new members, ending family control of the 60-year-old South Korean milk
Namyang shares have tumbled by almost half off their four-year high of 813,000 won hit in July of last year, Seoul-based private equity firm Hahn & Co. has won a legal battle against South Korea’s Namyang Dairy Products Co.’s owner family, which last year abruptly terminated a 3
Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik on Wednesday notified Hahn & Co. of the termination of the 310.7 billion won ($270 million) agreement to sell a majority of his company to the Seoul-based private equity firm. Hong's abrupt announcement, made throu
Namyang Dairy's popular yogurt drink Bulgaris on the shelves of a supermarket Hong Won-sik, ex-chairman of South Korea’s Namyang Dairy Products Co., appeared to have changed his mind shortly after signing a 310.7 billion won ($263 million) agreement with Hahn & Co. to sell a majority
South Korea’s private equity firm Hahn & Co. filed a lawsuit against the owner of Namyang Dairy Products and his family to complete a $267 million deal to buy the dairy and beverage maker.Hahn & Co. signed a deal to purchase a majority stake in the scandal-hit company at 310.7 bi
South Korean private equity (PE) firm Hahn & Co.’s deal to acquire Namyang Dairy Products is at risk of collapse as the owner and his family of the country’s major dairy and beverage maker on July 30 abruptly delayed the process for the contract.In May, Namyang’s former C
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares owned by the company’s former chairman Hong Won-sik and his family, at 310.7 billion won ($278.4 million).Namyang Dairy Products is one of the