(2nd LD) Korea Zinc to buy back own shares worth 2.66 tln won to fend off MBK, Young Poong
Korea Zinc Inc. said Wednesday it will buy back 2.66 trillion won (US$2 billion) worth of its own shares in a rare counteroffer to fend off a tender offer by private equity firm MBK Partners and Young Poong, the biggest shareholder of the world’s lar…