Six investors including SK Networks Company Ltd. (KOSE:A001740) and MBK Partners have submitted their final bids to buy KT Rental Co., Ltd., industry sources said. KT Corp. (KOSE:A030200), which owns 58% stake in KT Rental has put entire stake for sale in a deal expected to fetch up to KRW 800 billion.

The sources added, a consortium comprising of MBK Partners and IMM Private Equity, Inc., Lotte Co., Ltd. and Hankook Tire Co., Ltd. (KOSE:A161390), and Affinity Equity Partners were also among the final bidders. KT Rental will select the preferred bidder next month and complete the deal before June 2015.