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Shinhan Alpha REIT rolled out plans to buy 37,600 square meters of office space in Twincity Namsan in central Seoul for 238.6 billion won ($201.6 million) from KB Asset Management, a filing showed Au...
Local brokerage firm KB Securities has acquired a distribution warehouse operated by US ecommerce giant Amazon in Edinburgh, Scotland for some 100 billion won ($84 million), according to news reports...
Both HDC Hyundai Development Company and Kumho Industrial said on Tuesday that arrangements for face-to-face negotiations over the acquisition of Asiana Airlines are ongoing, which may effectively go...
Shinhan Financial Group, a major banking group in South Korea, has been selected as the preferred bidder for the acquisition of a venture capital company under cash-strapped conglomerate Doosan, sour...
Samsung Asset Management disclosed Sunday it has put a merger plan with its wholly owned hedge fund subsidiary on hold. The Seoul-based asset manager that oversees 26.9 trillion won ($22.3 billion)...
South Korean midsized builder HDC Hyundai Development Co. said Friday that it has received approval from Russian aviation authorities for HDC’s planned takeover of flag carrier Asiana Airlines, but a...
Korean private equity firm JC Partners has become a preferred bidder to buy a controlling stake in KDB Life Insurance, in policy lender Korea Development Bank’s move to exit from a troubled financial...
MP Group, the South Korean company that controls pizza restaurant franchise Mr. Pizza and coffee chain Manoffin, is seeking to sell a controlling stake through an open bidding process, its announceme...
South Korean battery maker Samsung SDI said on May 29 it has started injecting capital into EcoPro EM, a joint venture with EcoPro BM, a supplier of electric vehicle battery materials to Samsung. A...
South Korea’s three major telecommunications firms have submitted nonbinding indicative offers to acquire Hyundai HCN, the nation’s fifth-largest cable TV operator owned by Hyundai Department Store G...
NH Investment & Securities, the brokerage unit of South Korea’s NongHyup Financial Group, has joined a consortium to acquire a stake in the United Arab Emirates’ state-owned Abu Dhabi National Oil Co...
An affiliate of China’s Ping An Insurance Group is considering buying Hyosung Capital, joining other foreign companies that are mulling a merger with the Korean company, local media said on May 14. ...
Mergers and acquisitions in South Korea remain relatively vigorous, as small and medium-sized enterprises are looking for more chances to cash out assets amid the continued COVID-19 threat to markets...
Midsized construction company HDC Hyundai Development Company said on April 29 that it has postponed the schedule to complete the acquisition of Asiana Airlines, as more time is needed for the condit...
Mirae Asset Global Investments said on Arpil 28 that it was renegotiating with China’s Anbang Insurance to delay the closing date of a $5.8 billion deal, and that it has nothing to do with problems w...
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