LVMH bets $60m on Korean pop

Published: 9-Sep-2014
Finance

LVMH’s private equity arm is on the cusp of a US$60m investment in Seoul-based YG Entertainment.

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LVMH’s private equity arm is on the cusp of a US$60m investment in Seoul-based YG Entertainment, the company responsible for fronting South Korean Gangnam Style rapper Psy (below, right) and other musicians.

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