As 2016 drew to a close, the South Korean industrial gases market was under intense scrutiny, as leading domestic company Daesung Industrial gases was subject to a large amount of M&A interest.
Some reports have suggested that the leader in the race to acquire Daesung Industrial Gases is MBK Partners, one of Asia’s largest home-grown private-equity funds. It has been suggested that the firm has won exclusive bidding rights, with Daesung expected to be a lucrative venture and easily resold after acquisition.
With interest in a potential acquisition still high, gasworld Business Intelligence has published its latest industrial gasreport for South Korea.
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