JKL Partners, which is in the race for the acquisition of HMM worth KWR5 trillion (US$3.76 billion) after forming a consortium with Harim Group, is accelerating its efforts to secure funding through the sale of Lotte Insurance. According to the investment banking industry on September 19, Private equity fund JKL Partners, the largest shareholder of Lotte Insurance, has recently commenced the selection process for an underwriter for the sale of Lotte Insurance. The subject of the sale is JKL...