On July 20, it was reported that the Korean supermarket chain Homeplus filed an appeal against a Seoul court ruling to terminate its corporate restructuring process, seeking to restart its supervised restructuring process. The report said that prior to this appeal, Homeplus's largest creditor Meritz Financial Group agreed on Thursday to provide financing in exchange for a full payment guarantee from the retailer's sole owner, MBK Partners, a private equity firm. MBK Partners acquired 100% of Homeplus's shares from British retailer Tesco Plc for 7.2 trillion won in 2015.

Zhitongcaijing · 2d ago
On July 20, it was reported that the Korean supermarket chain Homeplus filed an appeal against a Seoul court ruling to terminate its corporate restructuring process, seeking to restart its supervised restructuring process. The report said that prior to this appeal, Homeplus's largest creditor Meritz Financial Group agreed on Thursday to provide financing in exchange for a full payment guarantee from the retailer's sole owner, MBK Partners, a private equity firm. MBK Partners acquired 100% of Homeplus's shares from British retailer Tesco Plc for 7.2 trillion won in 2015.