We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Humble pie

14 March 2019 By Alec Macfarlane

Weak demand forced MBK to pull a $1.5 bln listing of hypermarket buildings owned by Homeplus, which the private equity firm bought from Tesco. Now the retail chain has to repay a buyout loan, but banks might not help. While embarrassing, an asset sale could be the only option.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)