Hi-Mart: MBK Partners picked as preferred bidder for stake sale

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SEOUL, June 25 | Mon Jun 25, 2012 12:50am BST

SEOUL, June 25 (Reuters) - South Korean private equity fund MBK Partners has been chosen as the preferred bidder for a stake in Hi-mart Co Ltd, the electronics retailer said in a regulatory filing on Monday.

Major shareholders including Eugene Corp made the decision, Hi-mart said.

(Reporting by Joyce Lee; Editing by Edwina Gibbs)

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