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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...
Lotte REIT on Oct. 11 wrapped up its blockbuster initial public offering to raise a combined 429.9 billion won ($362 million) before Kospi listing, as newly issued shares were oversubscribed to retai...
NetMarble, South Korea’s leading mobile game maker, made a rare move on Oct. 10 -- bidding for rental company Woongjin Coway. The news of the unexpected bid pushed up the share price of Woongjin Cowa...
South Korean game software developer Netmarble and private investment house Bain Capital have reportedly joined the final bidding round for stake in water purifier rental firm Coway . The news c...
South Korean credit card company Hyundai Card has embarked on a process to select investment banking houses to underwrite its initial public offering, the company said Oct. 8. “Hyundai Card handed o...
Hyundai Heavy Industries has been grappling with growing opposition from workers against a merger with Daewoo Shipbuilding & Marine Engineering . In March, HHI signed a formal deal, worth an esti...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 16, 2021
