Woongjin Is Buying Preed Life (Largest Funeral Service Company in Korea) Using LBO

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Event-Driven

534 Views30 Apr 2025 16:50

Woongjin Co Ltd (016880 KS) (through its subsidiary WJ Life Holdings) is buying the controlling interest in Preed Life (largest funeral service company in Korea) using LBO (leveraged buyout).

What is covered in the Full Insight:

Introduction to Woongjin's Acquisition of Preed Life
Details of the Acquisition Agreement
Funding and Valuation for the Acquisition
Preed Life's Business Model and Financial Performance
Competition and Market Dynamics

Douglas Kim

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