Macquarie's Gabia Delisting Bid Stalls as Mirae, Align Block $59% Buyout

According to South Korea's financial investment industry, Macquarie Asset Management's bid to take Gabia private faces headwinds after Mirae Capital and Align Partners—jointly holding 38.5% of shares—objected over pricing and procedural fairness on July 22. Without the two shareholders' support, Macquarie could secure only around 59% stake, making both a voluntary delisting and full subsidiary conversion difficult. The opposition centers on the acquisition price and governance concerns.
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