BEAMSTART Logo

HomeNews

Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals

Korea Economic Daily LogoKorea Economic Daily9h ago

Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals - Korea Economic Daily

Quick Summary:

The state-run pension fund, the country’s largest institutional investor, said in a statement that its Fund Management headquarters’ pledged investment in MBK’s sixth blind fund, signed in February, explicitly excludes involvement in hostile takeovers.

Following the selection of MBK as one of the four, however, concerns were raised about the PEF’s investment strategies, particularly regarding its hostile takeover attempt at Korea Zinc.“Some aspects of MBK’s investment strategy were deemed misaligned with the NPS’ investment principles,” said an NPS official.

The NPS’ rare clarification follows concerns over its backing of MBK’s latest fund, particularly in light of the controversy surrounding MBK’s handling of Homeplus Co., a Korean retailer that recently filed for court receivership.


More Pictures

Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals - Korea Economic Daily (Picture 1)Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals - Korea Economic Daily (Picture 2)Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals - Korea Economic Daily (Picture 3)Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals - Korea Economic Daily (Picture 4)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 16:11:11 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 27138823

View Article Analysis

About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 8 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 4 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals" has 334 words across 17 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals" was covered 9 hours ago by Korea Economic Daily, a news publisher based in South Korea.

How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.

The outlet is headquartered in South Korea and publishes an average of 8 news stories per day.

It's most recent story was published 4 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27138823
  • URL: https://beamstart.com/news/koreas-pension-fund-nps-rules-17422819145865

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.