Shares in South Korea's Echo Marketing up 30% after Bain offer report
SEOUL, Jan 2 (Reuters) - Shares of South Korea's Echo Marketing 230360.KQ jumped 30% on Friday, after a domestic newspaper said Bain Capital made a tender offer of 280 billion won ($194 million) for a 56.4% stake in the firm. ($1=1,440.3000 won) (Reporting by Joyce Lee; Editing by Clarence Fernandez) ((joyce.lee@tr.com;))
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Deals of the day-Mergers and acquisitions
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal (updated)
Shares in South Korea's Echo Marketing up 30% after Bain offer report
Brief: Echomarketing Q2 Operating Profit 19.4 Billion Won, Up 23% From Year Earlier