MBK "Using Korea Zinc Internal Data? ...Please give me a department in charge of internal affairs".

MBK Partners has completely denied allegations that it used internal data from Korea Zinc, which was provided for new investment purposes two years ago, for mergers and acquisitions.

MBK said in a rebuttal today (3rd) that the internal department that reviewed Korea Zinc investment in May 2022 and the department that takes over management rights are separated and controlled by information exchange blocking devices.

At the same time, Korea Zinc strongly protested that the claim that it used data from the past investment proposal during the acquisition of management rights was nothing more than speculation and deterrence.

Earlier in May 2022, Chairman Choi Yoon-beom of Korea Zinc proposed investment in MBK Partners at the time.