MBK has contacted other financial firms inside and outside of Korea for a potential joint deal according to the Korea Economic Daily, which cited investment banking sources.
The news comes days after it emerged MBK had hired UBS to arrange a refinancing package for Yayoi Co, the Japanese accounting software developer it bought almost six years ago.
MBK reportedly reached a $1.25bn first close for its latest buyout fund in November 2012, pushing it close to becoming the largest it has ever raised.
The firm’s MBK Partners III vehicle is aiming to collect $2.25bn of commitments, which would put it well ahead of the $1.6bn it gathered for Fund II in 2008 and its $1.56bn debut fund in 2005.
Its latest fund will continue the firm’s strategy of targeting companies in China, Hong Kong, Japan, South Korea and Taiwan by predominantly seeking controlling stakes.
The firm said it will focus on media and telecommunications, financial services, industrial, consumer, pharmaceutical and businesses services.
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