Blackstone picks 46% in Korean drug retailer Geo-Young

Blackstone picks 46% in Korean drug retailer Geo-Young

Pedestrians are reflected on glass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photographer: Victor J. Blue/Bloomberg

Blackstone Group, the world’s largest manager of alternative assets, announced that it has agreed to acquire a 46 per cent stake in Geo-Young, South Korea’s top drug retailer.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter