Private equity firm KKR & Co. sold a 9.5% stake in HD Hyundai Marine Solution (KRX:443060) via a block trade for 620 billion won, The Korea Economic Daily reported Friday, citing industry sources.
The sale of 4.26 million shares at 145,500 won each surpassed earlier expectations, the report said, citing the sources.
KKR's stake in HD Hyundai Marine Solution is now down to about 10%, the newspaper reported.
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