Goldman Sachs, Bain to buy stake in Carver Korea
US-based Goldman Sachs Group and global consultancy firm Bain will acquire a majority stake in unlisted cosmetics maker Carver Korea amid growing popularity of South Korean beauty products. The firm's founder and Chairman Lee Sang-rok, who held a 60.2% stake toward the end of 2015, will retain a minority stake and "participate in day-to-day management", the companies jointly stated. 