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Home to roost

30 October 2018 By Jeffrey Goldfarb

Nearly six years after selling a controlling stake in Coway to a private equity shop, Woongjin is buying it back with a partner for $1.5 bln. News of a return to its original steward erased 25 pct of the appliance rental company’s value. It’s a reminder of just how sprawl can scare.

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