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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...
South Korea’s retail firm E-Land World is set to sell its subsidiary K-Swiss to a Chinese sports brand six years after it purchased the US company, industry sources said on April 10. E-Land World is...
As the mergers and acquisitions market went on a record run in South Korea last year, signs of shifting sands are fleshing out in the market, according to top attorneys specialized in the field. Kor...
Woori Financial Group said on April 8 it acquired China-based Anbang Insurance Group’s local subsidiaries in South Korea -- Tongyang Asset Management and ABL Asset Management -- its first acquisition...
A consortium led by chemical-to-financial conglomerate KG Group has become the preferred bidder to buy Dongbu Steel , a sign that the debt-ridden steelmaker will end its loan workout on schedule af...
The financial strain on family-owned conglomerate Woongjin Group is intensifying due to its takeover of water purifier rental firm Coway that involved huge loans. The group is now suffering from a ...
Cafe24 provides Vietnamese language service to online shopping platform operators
Why this Korean startup sees YouTube as its biggest competitor
Kakao Ventures invests in AI data platform
‘Blockchain, there’s no turning back’
Market Kurly founder reveals her fundraising secrets
Cafe24 unveils AI-powered online store management
S. Korea-Japan trade feud disrupts Samsung’s Galaxy Note production
Wengie’s agent says K-pop formula can boost global music industry
July 17, 2019
