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[ THE INVESTOR ] South Korean food and entertainment giant CJ Group on Sept. 21 was confirmed to have not participated in the final bidding to acquire McDonald’s Korean unit. Two consortiums, le...
[ THE INVESTOR ] The merger of Mirae Asset Securities and Mirae Asset Daewoo was approved by the Financial Services Commission on Sept. 21. Once the merger is complete, the merged company will...
[ THE INVESTOR ] Dongwon Group , a South Korean food and fisheries conglomerate, seeks to acquire the country’s No.3 logistics company Dongbu Express, according to sources on Sept. 21. Dongwon E...
[ THE INVESTOR ] A consortium of global investors including South Korea’s National Pension Service have agreed to acquire the Port of Melbourne for AU$9.7 billion (US$7.32 billion). The NPS, which...
[ THE INVESTOR ] Creditors of Kumho Tire are kicking off the disposal process of their stakes in the nation’s second-largest tire maker. Credit Suisse, the key sales advisor, on Sept. 20 said th...
[ THE INVESTOR ] South Korean private equity firm Lindeman Asia Investment along with Chinese institutional investors have plugged US$260 million in Cogobuy, China’s leading e-commerce platform for...
[ THE INVESTOR ] SK Networks is in the final stage of talks with Hyundai Department Store to hand over its fashion division for a reported 300 billion won (US$267.76 million), according to news...
[THE INVESTOR] Mirae Asset Daewoo Securities , formerly Daewoo Securities, is set to finalize its merger with Mirae Asset Securities in end-December, industry sources said on Sept. 19. The two s...
[THE INVESTOR ] Kolmar Korea , a major domestic cosmetics original design manufacturer, has signed a deal to acquire Process Technologies and Packaging in a bid to bolster its presence in the US c...
[THE INVESTOR] Corporate mergers and acquisitions (M&As) by South Korean firms declined sharply in the first half of this year as local conglomerates remained reluctant to streamline their business,...
[ THE INVESTOR ] Singapore-based asset management firm ARA is set to sell three office buildings in Seoul, industry sources said Sept.13. They include ING Center in downtown Seoul, CJ CheilJedang...
[ THE INVESTOR ] The planned merger between Mirae Asset Daewoo -- formerly Daewoo Securities -- and Mirae Asset Securities is expected to be postponed from Nov. 1 to December this year. The tw...
[THE INVESTOR] The South Korean cargo delivery company Logen is likely to be purchased by the private equity fund CVC Capital Partners, local media reported on Sept. 13. According to reports citing...
[ THE INVESTOR ] Kyungnam Energy’s majority shareholders have decided to sell their combined 96.5 percent stake, according to news reports on Sept. 13. Sangwon Comtru and Anchor Equity Partners ar...
[ THE INVESTOR ] Korea Investment Holdings , South Korea’s sole non-banking holding firm, is considering to bid for a stake in Woori Bank which the government seeks to privatize in its fifth at...
Interactive news brief 'DECODED X' launched
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Amorepacific doubles back to Paris after 22 years
China’s Anbang Insurance seeks more investment in Tongyang, Allianz
Apple's former chief designer leaves Huawei after less than 2 years
Ilyang’s leukemia treatment more effective than Norvatis’ Gleevec
