IFC Negotiations Break Down, Mirae Asset Files Complaint with Singapore Arbitration Court
2022. 09. 26 · Byungki Koh
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The battle to take over the IFC has ended without a winner. Bookfield Asset Management declared a breakdown in negotiations on September 22, and Mirae Asset Management has now announced that it would suspend IFC negotiations this morning. Mirae Asset and Brookfield had been negotiating until the last minute to close the IFC transaction but were unable to come to an agreement. Mirae Asset Declares End to IFC Negotiations and Sues for Reimbursement Mirae Asset Management announced this morning on September 26 that it has ended purchase negotiations with Brookfield Asset Management, the seller of the Yeouido International Financial Center (IFC) and filed a complaint with the Singapore […]
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Content Editor, Seoul Property Insight(SPI)
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