JPM fund nets $328m from Celltrion Healthcare block
JP Morgan’s private equity arm has bagged W390.7bn ($327.5m) after selling a chunk of shares in South Korean firm Celltrion Healthcare, according to a source close to the deal.
The vendor, One Equity Partners, launched the trade at around 3pm Hong Kong time, after local markets had closed. It came out looking to offload 6.5m shares.Sole bookrunner UBS marketed the stock at a range of W60,100 to W62,000, treating investors to a potential discount of 5.1% ...
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