Blackstone Group to invest $2bn in South Korea

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SOUTH KOREA - Blackstone Group LP, manager of the world's largest buyout fund, will invest US$2bn in South Korean companies, infrastructure projects and real estate, the Korean National Pension Service has said.

Blackstone agreed to team up with the pension fund for its investments, the Korean agency said in an emailed statement. The agreement allows the pension fund, the nation's biggest investor, to s...

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