Alphabiz - Homeplus Launches Pre-Packaged M&A for Remaining Business Units

Photo courtesy of Yonhap News

[Alpha Biz= Kim Jisun] SEOUL, May 25 — Homeplus said it has begun a pre-packaged merger and acquisition (M&A) process for its remaining business units, excluding Homeplus Express, which has already been sold to NS Home Shopping.

The assets up for sale include the company’s headquarters, online mall, and hypermarket operations. The process will be conducted through an open bidding format and is subject to approval by the Seoul Bankruptcy Court.

Samil PwC has been appointed as the lead advisor and has already distributed information memorandums to potential investors, marking the formal start of the sale process.

The move is aimed at restructuring the company’s operations and attracting new ownership through a court-supervised M&A framework.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)