Lock & Lock: Affinity Equity Partners Offers a Tender Offer of a 30% Stake
On 17 April, Affinity Equity Partners offered a tender offer of a 30% stake in Lock & Lock at 8,750 won per share.
The tender offer period is from 18 April to 14 May. The number of shares that are included in this tender offer is 13.14 million shares (30.33% of outstanding shares).
Lock & Lock's share price could trade higher close to the tender offer price of 8,750 won as the date as the end of the tender offer period approaches.
Keep reading with a 7-day free trial
Subscribe to Douglas Research Insights to keep reading this post and get 7 days of free access to the full post archives.