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South Korean-Japanese conglomerate Lotte’s Seoul-based holding firm Lotte Corp. sold off its 2.76 percent stake in BNK Financial Group to Hotel Lotte Pusan, BNK said in a regulatory filing on Sep...
Aekyung Group and two consortia, one involving private equity firm Korea Corporate Governance Improvement and the other led by real estate developer Hyundai Development Company , have reportedly jo...
SK Discovery completed a merger with its wholly owned subsidiary SK Syntec on Sept. 2, according to a regulatory filing. Under the deal, management consulting firm SK Syntec merged with its parent ...
KG Group has become the biggest shareholder of Dongbu Steel as its joint venture KG Steel took control over its newly issued 40 percent stake, according to a regulatory filing Sept. 2. The steelma...
SK Holdings said Sept. 2 that it has handed over its entire stake in SK Biotek to its US subsidiary Alchemy Acquisition in exchange for new shares worth 438.7 billion won ($361 million). The transa...
Line Corp., a Japanese subsidiary of Naver Inc., plans to merge Line Part Time Job, Line's wholly-owned business dedicated to online recruiting for part-time jobs, by November this year, according to...
Seoul-based Hansol Paper walked away from an acquisition bid for corrugated box maker Tailim Packaging and cardboard maker Tailim Paper, the company revealed in an Aug. 27 disclosure. “Contemplating...
Samsung Active Asset Management said on Aug. 26 that it had dropped its merger plan with Franklin Templeton Investment Trust Management to create new joint venture Samsung Franklin Templeton in South...
The volume of inbound mergers and acquisitions in South Korea approved by its antitrust body have been on the rise in the first half of 2019, data showed Aug. 26. Foreign companies’ cross-border M&A...
Lotte Chemical said in a regulatory filing on Aug. 22 that its management had agreed to merge with wholly owned subsidiary Lotte Advanced Materials. Seoul-based Lotte Chemical’s board of directors ...
South Korean biopharmaceutical drugmaker Genexine and gene-editing company ToolGen said Aug. 20 in respective regulatory filings that they had dropped plans for a 1:1.2 merger to create ToolGenex...
South Korea’s private equity firm Orchestra Private Equity said Aug. 15 that its portfolio firm Majesty Golf Korea is looking to buy a 49 percent stake in Majesty Golf, a Japanese company that makes ...
Seoul-based LG Household & Health Care said on Aug. 16 that it had closed a stake purchase deal in US beauty and personal care product maker New Avon for $125 million in cash. Under the transactio...
South Korea’s wood material maker Dongwha Enterprise said Aug. 14 that it has bought an 89.63 percent stake in battery electrolyte maker Panax Etec, valuing the firm at 131.5 billion won ($108.4 mi...
Game developer Neptune’s shares soared 20 percent in morning trading on Aug. 14 following the news that it has received funding worth 10 billion won ($8.24 million) from Krafton Game Union, formerly ...
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
