MBK Partners Appoints New Lobbyist in U.S. to Respond to Investment Review Bodies

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It was confirmed on the 6th that MBK Partners has appointed a new lobbyist to respond to the Committee on Foreign Investment in the United States (CFIUS), amidst a management rights dispute over Korea Zinc, the world's largest non-ferrous metal company, between Chairman Choi Yoon-bum's side and the private equity alliance of MBK Partners and Young Poong. As Korea Zinc embarks on the so-called "Project Crucible"—a project to build a core mineral …

ddaily.co.kr

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[Digital Daily Reporter Kim Nam-gyu] It has been reported that MBK Partners, currently engaged in a management rights dispute with Korea Zinc, has appointed an additional local lobbying firm to respond to the Committee on Foreign Investment in the United States (CFIUS). This has led to speculation that it may be related to Korea Zinc's investment in a smelter in the United States. MBK, however, distanced itself from this, stating that it is a p…