<p>Taekwang Group has muscled into the bidding war for K Shipbuilding, joining forces with TPG, a US private equity firm formerly known as Texas Pacific Group. The consortium has submitted a letter of intent to acquire management control of the Jinhae-based yard, one of three confirmed bidders for the shipyard formerly called STX Offshore &#38; &#8230;</p> </p><p><p>https://splash247.com/american-private-equity-eyes-korean-yard-investment/</p></p>