Goldman, EastBridge to acquire majority stake in kitchenware maker Happycall
Aug 21, 2016
Goldman Sachs Group Inc. and EastBridge Partners, a South Korean private equity fund, said Sunday they agreed to buy a majority stake in local kitchenware and home appliance maker Happycall Co. The financial terms of the acquisition were not publicly disclosed, but people close to the deal said Goldman and EastBridge would acquire a 90-percent stake in Happycall for 180 billion won ($160.7 million). (Happycall)Goldman and EastBridge are said to pay 40 billion won and 50 billion won each and the