MBK Partners to acquire a 21% stake in CAR from UCAR for $228m.

Synopsis

Private equity firm MBK Partners agreed to acquire a 21% stake in CAR, a car rental service provider, from UCAR for $228m. Upon the completion of the latest deal, UCAR will exit CAR. The transaction is expected to close before December 10, 2020.

Principals

target

Car

bidder

Mbk Partners

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Seller Team (1)

yang chu

Partner at Davis Polk & Wardwell

Lawyer

target

Deals

£ 3.68 B

Total Value

Bidder Team (2)

michael byungju kim

Founding Partner at MBK PARTNERS

Investor

bidder

Deals

£ 14.95 B

Total Value

kay ian ng

Partner at Sullivan & Cromwell

Advisor Lawyer

bidder

Deals

£ 29.75 B

Total Value

Vendor Team (1)

zhengyao lu

Chairman and CEO at UCAR INC

Manager

vendor

Deals

£ 825 M

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy