SEOUL: Korea Investment Corp (KIC), South Korea's sovereign wealth fund, is considering buying about 19% of the Los Angeles Dodgers baseball team for more than 400 billion won (US$361.65mil), Yonhap reported.
KIC is conducting due diligence with a view to possibly buying the stake from global investment and advisory firm Guggenheim Partners, the newswire service reported citing an unnamed investment banking source or sources.
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