율곡 인수전, 스틱·앵커·KCGI·VIG 등 4파전 압축

This acquisition competition reveals how private equity firms adopt divergent strategies in capital-intensive manufacturing deals—some partnering with strategic investors to mitigate operational and labor risks, others leveraging financial firepower and industry expertise. The escalating valuation (from 4B to 5B KRW) and intensifying union opposition underscore that aerospace manufacturing acquisitions require more than financial acumen; operational depth and labor-relations stability are critical success factors.