Hahn & Co Partially Exits Korea’s Ssangyong I&C for USD23m

Source(s): The Korea Herald

Korea-focused private equity fund manager Hahn & Company has agreed to sell its 40% stake in IT system integrator Ssangyong Information & Communications for KRW24b (approximately USD23m) to information technology system Itcen and its affiliate Comtec System. Hahn & Co. will remain a minority shareholder of Ssangyong I&C, controlling 9.84%. Read more