An injection of emergency operating funds would help revive financially troubled discount store chain Homeplus Co., a company ...

South Korea-based private equity giant MBK Partners is facing a critical test as its founder and chair — once hailed as a ...

Cash-strapped major retail distributor Homeplus is bolstering efforts to restructure its network of offline outlets to streamline its business ...

Korean prosecutors are investigating whether MBK Partners approved Homeplus’ short-term bonds while anticipating a credit ...

A South Korean court has rejected a request to issue an arrest warrant for Michael Byungju Kim, the billionaire chairman of MBK Partners, over its sale of troubled supermarket chain Homeplus.

MBK Partners has avoided the worst-case scenario of a leadership vacuum after the court rejected a prosecution request for ...

The decision is the latest development in a nearly year-long fraud investigation into MBK Partners’ handling of Homeplus’ ...

Homeplus CEO Joh Ju-yeon said Friday that the embattled retailer, now under court-led rehabilitation, requires emergency liquidity more than ever to prevent fur ...

As Homeplus enters corporate rehabilitation proceedings, it is starting to sequentially pay off its debts. However, controversy continues over the settlement cycle. This is because Homeplus, the ...

A South Korean court has denied the issuance of an arrest warrant for Michael Byungju Kim, chairman of private equity firm ...

South Korean prosecutors have sought an arrest warrant for Kim Byung-ju, head of MBK Partners, amid allegations of fraud connected to the sale of Homeplus. The Supreme Prosecutors' Office is probing ...

Homeplus, which is currently undergoing corporate rehabilitation proceedings, issued a statement on January 8 expressing ...