A consortium of Morgan Stanley Private Equity, Standard Chartered Private Equity Limited and others acquired a 30% stake in Innocean Worldwide, Inc. from Chung Eui Sun for approximately KRW 300 billion on August 7, 2014. Post transaction, Chung Eui Sun will hold 10% stake in Innocean Worldwide, Inc. The consortium acquired 0.54 million shares at an offer per share of KRW 555,556. The Goldman Sachs Group, Inc. acted as financial advisor to Chung Eui Sun. Deutsche Bank AG (DB:DBK) acted as financial advisor to Morgan Stanley Private Equity.

A consortium of Morgan Stanley Private Equity, Standard Chartered Private Equity Limited and others completed the acquisition of 30% stake in Innocean Worldwide, Inc. from Chung Eui Sun on August 7, 2014.