Grab 300m Hanwha Management Financialtimes
Hanwha, South Korea’s second largest chaebol (conglomerate), is in the process of securing a USD 300 million investment from the Financial Times Fund, a private equity firm. The conglomerate is hoping to expand its international presence and expand its portfolio of businesses. The deal is part of a major restructuring effort and will mark the first investment of its kind for the company, who has traditionally focused on domestic markets. Through this investment, Hanwha will be able to take their business beyond the boundaries of South Korea and capitalize on the emerging global markets. This article will explore the details of the deal and the potential impact it will have on Hanwha’s future.
Background on Hanwha
Hanwha is one of South Korea’s largest and oldest chaebols. It was founded ...