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KM Financial Solutions | S. Korea’s Shinsegae and E-Mart set to gain $940 mln from PE firms for online business
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S. Korea’s Shinsegae and E-Mart set to gain $940 mln from PE firms for online business

25 Jan S. Korea’s Shinsegae and E-Mart set to gain $940 mln from PE firms for online business

Posted at 00:28h in News by
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SEOUL, Jan 26 (Reuters) – South Korean department store
operator Shinsegae and its supermarket affiliate
said they have signed a preliminary deal for more than 1
trillion won ($940 million) in investment from private equity
firms for a planned online business company.

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