Bain Capital, LP acquired 4.8% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Yong-woo for approximately KRW 170 billion on March 4, 2021. Under the terms, Bain Capital acquired 1.5 million shares in Douzone Bizon for KRW 110,000 per share to become its second-largest shareholder. As a result, the combined stake of the largest shareholder Douzone Holdings and affiliated parties falls from 36% to 31%, while foreign ownership increases from 46% to 51%.KPMG provided due diligence to Bain Capital, LP.

Bain Capital, LP completed the acquisition of 4.8% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Yong-woo on March 4, 2021.