State pension fund retrieves half of $423.5 million investment in Homeplus

Blitz BureauSeoul, March 8 (IANS) South Korea’s state pension fund has said it recovered about half of its total investment of 612.1 billion won ($423.5 million) in major retailer Homeplus Co., which recently entered a court-led rehabilitation process amid liquidity worries.The National Pension Service (NPS) originally invested in Homeplus through a fund, including 582.6 billion…

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