Homeplus secures W200b lifeline from Meritz to avert liquidation
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Source: The Korea Herald
Published: 2026-07-16 17:39 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Crime & Justice, Economy & Finance, Law & Courts, World News, Business & Economy, Crime & Justice
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Snippet:
Homeplus said Thursday that Meritz Financial Group agreed to extend 200 billion won ($135 million) in emergency financing to the cash-strapped retailer, keeping its court-supervised rehabilitation alive with only days left before liquidation.
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