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Igis Asset Management, South Korea’s largest property investment firm by assets under management, gained regulatory approval for an ownership transfer on May 29. The news cleared the hurdles ahead o...
Aekyung Group, which offers consumer goods to low-cost carriers, appears to be joining the race to buy Asiana Airlines, according to market watchers on May 29. “We’ve been mulling the idea (of acqui...
Samsung SDS has pledged to buy 25 percent stake in CMC, Vietnam’s leading information technology service provider, the Korean firm said on May 27. After gaining approval from CMC shareholders, the i...
Retail giant Lotte Group’s South Korean holding company Lotte Corp. has agreed to sell a majority stake in its credit card arm Lotte Card to a consortium comprising MBK Partners and Woori Bank. Ac...
South Korea’s biggest corrugated fiberboard makers Tailim Packaging and Tailim Paper are up for sale, according to industry sources on May 23. Seoul-based private equity firm IMM PE, the largest sha...
South Korean retail firm E-Land World said on May 3 it has signed a stock purchase agreement with Xtep International Holdings to sell its subsidiary K-Swiss for 300 billion won ($260 million). The d...
Two Seoul-based private equity firms have been selected as the most preferred bidders for the respective acquisition of South Korean-Japanese conglomerate Lotte Group’s nonbanking financial arms Lot...
South Korea’s catering and food service firm CJ Foodville said on April 30 that it has decided to sell 45 percent stake in coffeehouse franchise A Twosome Place for 202.5 billion won ($173.3 million)...
Woori Financial Group said on April 30 it will join the race to take over Lotte Card by teaming up with MBK Partners, South Korea’s largest private equity firm by assets under management. In the ne...
Seoul-based brokerage house Hanwha Investment & Securities said on April 29 that it has bought a 90.05 percent stake in Hanoi-based online stock brokerage company HFT Securities for some 5 billion ...
Hana Financial Group , South Korea’s third-largest commercial bank-led financial holding company, has emerged as the top candidate for a projected 1.5 trillion won ($1.3 billion) acquisition of Lott...
Kakao Page, a mobile content platform operator owned by South Korea’s internet giant Kakao , has selected underwriters for an initial public offering of the company roughly valued at some 1.5 trill...
Seoul-based media giant CJ ENM reiterated April 17 that it is not taking an acquisition of Dexter Studios into consideration, months after a previous denial in January. “(CJ ENM) is not pursuing...
Hyundai Heavy Industries Holdings has agreed to sell its 17 percent stake in Hyundai Oilbank to Saudi Aramco for 1.4 trillion won ($1.2 billion), leaving the refiner more unlikely to opt for an init...
Stocks of Incross, South Korea’s third largest media representation firm, soared 26 percent in morning trading on news it has been partially acquired by SK Telecom. The country’s top telecommunicati...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 16, 2021
