No LBO for Jinro as creditors opt for a Korean solution

07 Apr 2005

South Korea's largest beer producer, Hite Brewery, is the preferred bidder for Jinro, the Korean distiller forced into receivership by a group of creditors led by Goldman Sachs.
Hite was reported in the Korean media to have made a W3.2tr ($3.2bn) offer for Jinro, beating ...

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