NPS, KIC commit $600 mn to N. America logistics fund
GLP Capital Partners IV targets $2 bn at final close
Jung-hwan Hwang 3 HOURS AGO
(Source: Getty Images Bank)
The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners North America-focused logistics fund that is targeting $2 billion at its final close.
Each of the NPS and the KIC will ante up $300 million for the blind pool fund, GLP Capital Partners IV, which targets logistics facilities and relevant technology companies in North America, according to investment banking sources on May 28.
Including debt financing, the latest fund is expected to execute over $5 billion worth of investment deals.
Samsung Display to expand small OLED line with $2.7 bn investment
The top panel maker faces a challenge to defend its market leadership as it is losing ground to Chinese rivals
Byung-Keun Kim and Jeong-Soo Hwang 1 HOURS AGO
Samsung Display’s 7.2-inch multi-foldable OLED panel called S-foldable.
Samsung Display Co., South Korea’s largest display maker, plans to spend as much as 3 trillion won ($2.7 billion) to build a new organic light-emitting diode (OLED) line for small-size panels used in smartphones and laptops.
According to display industry sources on Thursday, Samsung Display is building a sixth-generation smaller OLED panel production line at its plant in Asan, South Chungcheong Province.
Osaka (Source: Getty Images Bank) South Korea s Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of
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