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Taipei-based Fubon Life Insurance agreed on Sept. 25 to buy a 4 percent stake in Woori Financial Group through a block deal for 358.5 billion won ($298.9 million). Some 28.9 million shares, curren...
A roundtable comprising business associations, trade agencies and financial institutions in South Korea on Sept. 25 recommended a potential list of foreign companies whose shares are potentially up f...
Korea Investment and Securities is buying a 102,000-square-meter commercial building located on Broadway in Manhattan for 600 billion won ($501 million). The securities firm and Samsung Asset Mana...
South Korean clothing manufacturer Sae-A Trading was picked as the preferred bidder for the country’s largest corrugated fiberboard makers Tailim Packaging and Tailim Paper, according to IMM PE, the ...
KleanNara , Seoul-based personal hygiene goods maker, denied on Sept. 11 rumors that its owner family, including the largest stakeholder Choi Jung-kyu are looking to sell their stake in the company....
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 ...
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July 16, 2020
