A consortium led by Mirae-N, an education group, and private equity firms Nvestor and Corstone Asia agreed to acquire Young Toys, a toys manufacturer from PAG Asia, a private equity firm, for $127m. The sale of Young Toys, Korea’s leading toymaker, was on hold after the strongest candidate Mirae-N sat on its decision in March amid growing economic uncertainty surrounding the coronavirus virus outbreaks. But negotiations resumed as Young Toys saw an unexpected rise in sales amid protracted suspension of preschools and kindergartens.