Tencent is interested in buying ~40% stake in Kakao’s mobility unit from financial investors, Korea Economic Daily reports, citing unidentified people in investment banking industry.
- Investors, including TPG and Carlyle, are seeking to sell the stake in Kakao Mobility
- VIG consortium, which includes Goldman Sachs and Mubadala Investment, also in talks with the investors to buy the stake
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Denny Thomas
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