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Woori Financial Group, one of South Korea’s five financial holding companies, acquired Kukje Asset Trust, the group said on July 26. It is buying a 65.7 percent stake in the real estate management f...
Boston-based NeuroBo Pharmaceuticals, which is backed by a South Korean venture capital firm, said July 25 that it is merging with Nasdaq-listed Gemphire Therapeutics. Gemphire is a clinical-stage ...
Namyeung Vivien, a 62-year old local underwear maker, saw its shares surging on July 23 following news that the company is up for sale. Shares in the Kospi-listed company rose by a daily limit of 30...
Hanwha Systems, a defense unit of defense and chemical conglomerate Hanwha Group, said on July 11 it will invest $25 million in a US personal air vehicle company to expand its business portfolio. ...
Mirae Asset Global Investment, a unit of Mirae Asset Financial Group, has emerged as the top bidder for an 8-story commercial building in India by offering 4.13 billion rupees ($59.88 million), indus...
Seoul-based online content company Kidari Studio will buy a 20.9 percent stake in French webtoom firm Delitton for 2.3 billion won ($2 million). The cash payment will be completed by July 30. Once...
Seoul-based accounting firm Deloitte Anjin stressed the role of South Korean private equity houses in creating new value as uncertainties surface in the domestic merger and acquisition market. “PEs ...
South Korean aviation firm Hanwha Aerospace said on June 10 that it will take over the entire stake of US aircraft engine manufacturer EDAC Technologies from Greenbriar Equity Group for 351.6 billion...
The main creditors of South Korean steelmaker Dongbu Steel have agreed on 360 billion won ($305.4 million) investment from a KG Group-led consortium, preceded by a share capital reduction and debt-...
Hyundai Rental Service has decided to raise 10 billion won ($8.5 million) from subsidiaries of Hana Financial Group, the banking giant said on June 4. Hana Ventures, a corporate venture capital arm ...
Five companies including Kakao and Netmarble have joined the final bid for game giant Nexon, industry sources said on June 3. The bid to buy a majority stake in NXC, the holding company of Nexon Jap...
DGB Financial Group’s dividend per share is expected to rise following the sale of its indirect subsidiaries Hi Asset Management and Hi Investment & Futures, analysts said on June 3. Its potential n...
China International Capital Corp, China’s leading investment bank, is set to invest 5 billion won ($4.2 million) in South Korea’s largest secondhand goods platform Joonggo Nara, the Hankuk Business D...
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...
Gen Z youth prefer emerging e-commerce platforms, shun Coupang
Doosan Bobcat builds global center in U.S. for biz cooperation
S. Korea mulling separate FTAs with more ASEAN member states
Equity fund supporting local parts makers raises W100b
Korean Air flight delayed after collision at Frankfurt Airport
Samsung sees market share improve in Japan in Q3
Celltrion Pharm posts W47.43 b sales in Q3
CJ denies rumors it plans to sell Olive Young for W500b
November 17, 2019
