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South Korea’s private equity firm Hahn & Co. said on Oct. 1 it has closed Fund III at $3.2 billion -- the largest fund focused solely on Korean companies to date. It comprises a flagship fund of $2....
Indebted South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering on Sept. 30 kicked off its fourth attempt to sell, in a move to shun looming liquidation before the end of 2019. The Tong...
A deal to sell Bithumb, South Korea’s largest cryptocurrency exchange, is at the risk of falling apart one year after the decision to sell it, industry sources said Sept. 30. BTC Korea Holdings, whi...
South Korea’s state-run policy lender Korea Development Bank said Sept. 30 it plans to sell its majority stake in a life insurance unit by 2020 through an open tender. This is the fourth time it is ...
Busan-based ballast water treatment system company Techcross bought the entire stake in both LG conglomerate’s land-based water treatment units LG-Hitachi Water Solutions and HiEntech for an undisclo...
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...
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
