MBK Partners’ plan to sell Golfzon County, a golf course operator and reservation platform, has sparked a dispute with second-largest shareholder Golfzon Holdings, which is challenging MBK’s right to sell the business. On Tuesday, MBK signed a share purchase agreement with a consortium of The Sienna Group and Ciel Asset Management to sell its controlling stake in Golfzon County, valuing the company at about 1.8 trillion won ($1.35 billion). But the deal would also involve Golfzon selling its own
MBK’s planned Golfzon County sale triggers dispute over deal terms

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