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Based on the earnings of SK Networks’ gas station business last year, it may appear to be an unattractive deal to buy it for as much as 1.5 trillion won ($1.29 billion). The business unit only made ...
South Korea’s private equity firms have joined a final bidding round for SKC Kolon PI ’s controlling stake Nov. 4 amid market concerns about overpricing. Those joining the round include Hahn & Co....
Australian private equity fund Macquarie is poised to acquire South Korea’s Daesung Industrial Gases from MBK Partners, local business newspaper Hankuk Business Daily reported on Nov. 3. Macquarie i...
Ulsan-based lifeboat maker HLB said Nov. 1 it will inject $161 million into its wholly-owned US subsidiary HLB USA by Nov. 5. This is part of HLB USA’s planned merger with Salt Lake City-based bio...
Daelim Industrial ’s planned acquisition of Cariflex from US-based Kraton for some $530 million will leave its credit ratings unaffected, analysts wrote in a note Nov. 1. Moody’s Investors Service ...
Lotte Chemical said on Oct. 30 its US subsidiary Lotte Chemical USA plans to secure $816.5 million as it agreed to transfer a 34.8 percent stake in LACC, a joint venture dedicated to a petrochemical...
Korea Seven, the South Korean operator of convenience store giant 7-Eleven, has decided to merge the convenience store chain subsidiary Buy The Way and automatic teller machine operator Lotte PS Net....
South Korea’s credit card company Hyundai Card said Oct. 29 it will acquire a 50 percent stake in Vietnamese consumer finance institution Finance Company Limited for Community (FCCOM) for 49 billion ...
Kiwoom Asset Management is close to a takeover of Franklin Templeton Trust Management, industry sources said Oct. 25. Since Samsung Active Asset Management dropped its plans to create new joint vent...
CJ CGV, South Korea’s leading multiplex, is expected to sell 25 percent of its Southeast Asian business as it seeks to solve a cash crunch, industry sources said on Oct 21. CJ CGV, listed on the pri...
South Korean artificial intelligence startup Sualab has been acquired by Nasdaq-listed Cognex, the companies said Oct. 18. With a price tag of $195 million, Cognex will take up the entire company ...
South Korean kids contents and intellectual properties company CarrieSoft seeks to raise 8.2 billion won ($6.9 million) in its second initial public offering attempt before listing on Kosdaq, the sta...
The approval process for proposed mergers and acquisitions between South Korean telecommunication firms and cable network operators is dragging on. At an Oct. 16 meeting, antitrust body the Fair Trad...
South Korean clothing maker Sae-A Trading will buy Tailim Packaging ’s controlling 60.5 percent stake for 213.8 billion won ($180.3 million) from IMM Private Equity, Tailim said on Oct. 15. Accord...
South Korea’s largest mobile-gaming company Netmarble was chosen as the preferred bidder for Woongjin Coway on Oct. 14. The board of Woongjin Thinkbig which owns 25.08 percent stake in the rental co...
Non face-to-face food ordering services popular amid social distancing trend
SendBird boosts in-app API with voice, video functions
Hosts angry at Airbnb for COVID-19 policies
NPS contemplates stance on fate of Hanjin KAL chairman
Kakao’s co-CEOs to serve another 2-year term
Remote work culture finally takes off in Korea, but will it stick?
SmartStudy revenue soars fueled by overseas performance
Brokerages on risky structured bets to take quick breather
March 30, 2020
