MBK Partners to acquire S.Korea’s Medit for about $1.9 billion

SEOUL (Reuters) – Private equity fund MBK Partners said on Thursday it had struck a deal to acquire a 99.5% stake in Medit, a local intraoral scanner manufacturer, for some 2.4 trillion won ($1.9 billion).

($1 = 1,259.6100 won)

(Reporting by Hyunsu Yim; Editing by Himani Sarkar)