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New Deal


Announced

CBC-led consortium to acquire a 47% stake in Hugel from Bain Capital for $1.5bn.

Financials

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Transaction Value£1,092m
Consideration TypeCash
Capital Owned-
Capital Bid For47%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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South Korea

Private Equity

Medical Equipment

Public

Acquisition

Cross Border

Friendly

medical aesthetics

Minority

Pending

Synopsis

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Three Investment firms, CBC, IMM, Mubadala investment and GS Holdings, a holdings company, agreed to acquire a 47% stake in Hugel, a South Korea-based botox maker, from Bain Capital for $1.5bn. “By leveraging our foothold in international markets, we are confident that Hugel as a Korea-based company will become a leading global aesthetics business by expanding significantly into the United States, Europe, China and the rest of the world, Michael Keyoung, CBC Managing Director.

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