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September 19, 2024

MBK Partners defends tender offer for Korea Zinc

– Private equity firm MBK Partners on Thursday defended a tender offer for Korea Zinc Inc., saying that it is not a hostile takeover bid for the world’s largest zinc smelter.

“We are making

3.9 magnitude earthquake hits northwestern N. Korea: KMA

A 3.9 magnitude earthquake struck North Korea’s northwestern province bordering China on Thursday, which is believed to be a natural one, the South Korean weather agency said.

The quake struck an area 7 kilometers