Authorities mull tighter curbs on 'predatory' leveraged buyouts as Homeplus crisis bites

The government said Tuesday it was mulling a tighter curb on leveraged buyout firms, in response to liberal lawmakers' claims that a predatory act by buyout firm MBK Partners is to blame for the liquidation crisis of hypermarket chain Homeplus. Kwon Dae-young, vice chair of the Financial Services Commission, said the top financial regulator was "discussing stricter oversight" of the private equity firm's leveraged buyout activities, in response to Democratic Party Rep. Kim Hyun-jung's inquiry at

By The Korea Herald