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[THE INVESTOR] BNK Financial Group, MBK Partners and Hanwha Group are among candidates considering to acquire Lotte Group’s credit card and insurance units, according to industry sources on Dec. 4. ...
[THE INVESTOR] IICOMBINED that owns hot-selling sunglass brand Gentle Monster is hiring banks to resume its delayed plans for an initial public offering, according to industry sources on Dec. 4. Th...
[THE INVESTOR] Global private equity giant Ardian said on Dec. 3 it has launched its Korean office -- the fourth in Asia after Singapore, Beijing and Tokyo. The Paris-based firm, Europe’s largest P...
[THE INVESTOR] VIG Partners said on Nov. 30 it has signed a deal to become the largest shareholder of Bonchon International, the Seoul-based hansik franchise best known for its Korean-style friend c...
[THE INVESTOR] Ascendas Hospitality Trust, also known as A-HTRUST, announced on Nov. 29 that it is acquiring Ibis Ambassador Seoul Insadong for 77.5 billion won (US$69.18 million). This is the Sing...
[THE INVESTOR] Mirae Asset Management plans to sell its Taiwanese unit to Amundi Asset Management, according to industry sources on Nov. 26. The firm reportedly signed a sale and purchase agreement...
[THE INVESTOR] LF Group said on Nov. 22 it is acquiring a majority stake in the country’s third-largest realty trust KORAMCO REITs & Trust. The Korean fashion group will pay 189.8 billion won (US...
[THE INVESTOR] A POSCO Engineering & Construction-led consortium has been selected as the preferred bidder for a 600 billion-won (US$533 million) project to build a gas-fired combined cycle power pl...
[THE INVESTOR] Naver-owned mobile messenger app Line on Oct. 29 said its subsidiary Line Financial Asia has acquired a 20 percent stake in the Indonesian unit of KEB Hana Bank, in a bid to expand it...
[THE INVESTOR] Korean private equity firm STIC Investments has recently signed a share purchase deal worth 104 billion won (US$90.90 million) with Big Hit Entertainment, the agency behind K-pop sens...
[THE INVESTOR] Dasan Zhone Solutions, the US subsidiary of Korea’s Dasan Networks, on Oct. 10 said it is acquiring Keymile, a German manufacturer of broadband access solutions, for 10.25 million eur...
[THE INVESTOR] Hyundai Department Store Group, a major Korean retailer, said on Oct. 5 it has agreed to take over a local construction material maker for 368 billion won (US$325.30 million) in a bid...
[THE INVESTOR] Kakao Pay, mobile messenger giant Kakao’s payment subsidiary, on Oct.1 said it has acquired local midsized brokerage firm Baro Investment & Securities in a move to expand its financia...
[THE INVESTOR] LS Cable & System said on Oct. 1 it has signed a deal to supply high voltage cables to Denmark‘s state-run power firm Orsted by 2021. Some 350 kilometers of onshore high voltage c...
[THE INVESTOR] Korean auto parts maker Hanon Systems on Sept. 21 said it is acquiring Canada-based Magna International’s fluid pressure and controls business for US$1.23 billion. Magna’s business, ...
Gen Z youth prefer emerging e-commerce platforms, shun Coupang
Doosan Bobcat builds global center in U.S. for biz cooperation
S. Korea mulling separate FTAs with more ASEAN member states
Equity fund supporting local parts makers raises W100b
Korean Air flight delayed after collision at Frankfurt Airport
Samsung sees market share improve in Japan in Q3
Celltrion Pharm posts W47.43 b sales in Q3
CJ denies rumors it plans to sell Olive Young for W500b
November 17, 2019
