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Baring Private Equity Asia completes Acuon Capital acquisition

Funds affiliated with Baring Private Equity Asia acquired South Korea-based Acuon Capital Corp. for an undisclosed sum.

The acquired company is a consumer finance and leasing company formed by J.C. Flowers & Co. LLC through the acquisition and merger of three businesses.

Kim & Chang was the legal counsel and Reimei Global Advisors was the financial adviser to J.C. Flowers on the deal. Arnold & Porter and Kim & Chang were the joint legal counsels and Citigroup was financial adviser to Baring.