Affinity, Carlyle, Chinese companies interested in Coway stake - Korea Economic Daily

Coway

15/10/2015 01:11

SEOUL, Oct 15 (Reuters) - Private equity firms Affinity 
Equity Partners, Carlyle Group  CG.O  and two Chinese companies 
are among those expressing interest in a controlling stake in 
water purifier firm Coway Co Ltd  021240.KS , the Korea Economic 
Daily reported on Thursday.  
    South Korea's CJ Group, a food-to-entertainment 
conglomerate, also formally expressed interest in the stake, the 
paper reported, citing unnamed investment banking sources.  
    A spokesman for MBK Partners declined comment. A spokeswoman 
for Carlyle could not be immediately reached.  
     
 
 (Reporting by Joyce Lee; Editing by Stephen Coates) 
 ((jungyoon.lee@thomsonreuters.com; +82 2 3704 5609; Reuters 
Messaging: jungyoon.lee.thomsonreuters.com@reuters.net)) 
 
Keywords: COWAY M&A/PRIVATEEQUITY