2024-11-20
Korea Zinc Co.’s CEO Yun B. Choi tells Bloomberg’s Stephen Engle he is working to regain shareholders’ trust after the company was forced to scrap its plans to raise $1.8 billion via issue of new shares. This marks a blow to Choi’s effort to fend off a hostile takeover bid from its biggest shareholder Young Poong and private equity firm MBK Partners. (Source: Bloomberg)
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