Meritz

Meritz: "We've done our part" vs. MBK: "Impossible toxic clauses" clash

Meritz Financial Group will provide 100 billion won in DIP loans to Homeplus, but demands MBK Partners, the largest shareholder, directly secure the remaining funds. This condition has raised concerns that Homeplus's rehabilitation may be jeopardized, with a potential for supplier bankruptcies and job losses.