HD Hyundai Oilbank Consortium Completes Acquisition of Daegyeong O&T in Late June

According to South Korean investment banking industry sources, the consortium of HD Hyundai Oilbank and Tenet Equity Partners completed the acquisition of Daegyeong O&T, South Korea's largest biodiesel feedstock producer, in late June. The transaction was finalized approximately one month after the stock purchase agreement was signed, with the consortiums's final payment submission marking the official conclusion of the deal.
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