The deal means that Halla will regain control of a business that it was forced to sell to the private equity firms following the Asian financial crisis. CCMP and Affinity, meanwhile, will cash in on a stake they have held since 2000, which they purchased from Halla for $446 million.
If the transaction is successful, Halla will buy the 72% stake for W650 billion $685 million, equal to about 5.4 million shares at roughly...
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