Reuters: Private Equity: Unitas to invest $162 mln in S.Korea apparel firm

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Unitas to invest $162 mln in S.Korea apparel firm Jun 13th 2012, 01:47 HONG KONG, June 13 | Tue Jun 12, 2012 9:47pm EDT HONG KONG, June 13 (Reuters) - Asia private equity fund Unitas Capital said on Wednesday it will invest 190 billion Korean won ($162.4 million) to take a significant minority stake in South Korea outdoor apparel retailer and equipment maker NEPA Company Ltd. NEPA's CEO Hyung Seob Kim will retain a majority shareholding in the company, while Unitas will become its second largest shareholder through a subscription of new primary shares. The transaction is expected to close by the end of June 2012. (Reporting by Stephen Aldred; Editing by Muralikumar Anantharaman)

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