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[THE INVESTOR] US activist hedge fund Elliott Management on May 2 confirmed it is seeking compensation for damages it suffered following the Korean government’s unlawful intervention in the controve...
[THE INVESTOR] New York-based activist fund Elliott Management is once again on Korea’s case over the 2015 merger between Samsung C&T and Cheil Industries that it was opposed to from the beginning, ...
[THE INVESTOR] Korean AI-based education startup Riiid announced on April 30 that it has nabbed 11.5 billion won (US$10.77 million) in a Series B round of funding. The firm is known for its applica...
[THE INVESTOR] Korean securities firm Mirae Asset Daewoo on April 27 said it is investing US$300 million won to acquire Hong Kong’s 73-story skyscraper The Center, owned by billionaire Li Ka-shing. ...
[THE INVESTOR] Lotte Mart said on April 26 it is selling some of its Chinese outlets to local retail giant Wumart for 248.5 billion won (US$230 million), seven months after it decided to suspend reg...
[THE INVESTOR] Mexican casual restaurant chain On The Border is looking for a new owner, according to industry sources on April 23. Current operator JRW -- run by an LG Group owner family relative ...
[THE INVESTOR] Deutsche Bank’s asset management arm, which was rebranded as DWS a few months ago, said on April 18 that it has acquired Logiport Icheon for 61.2 billion won (US$57.47 million) in an ...
[THE INVESTOR] Shinhan Financial Group, Korea’s second largest financial services firm, on April 11 denied reports that it is acquiring ING Life Insurance for 2.5 trillion won (US$2.35 billion). “N...
[THE INVESTOR] Savills Korea, local unit of the UK-based real estate firm, on April 10 said it has been selected to manage the sale of Nine Tree Hotel, located in the heart of the shopping district ...
[THE INVESTOR] SK Group has acquired a stake in Grab, Southeast Asia’s largest ride-sharing company, according to industry sources on April 5. The Korean conglomerate participated in Grab’s recent ...
[THE INVESTOR] The hurdles that China’s Qingdao Doublestar-led consortium had to go through over the past two years to finally attain a 45 percent stake in Kumho Tire were many. To sum up, the un...
[THE INVESTOR] IMM Private Equity is acquiring convertible preferred shares worth 60 billion won (US$56 million) in SoCar, the nation’s No. 1 ride-sharing service operator, according to industry sou...
[THE INVESTOR] A consortium led by US private equity giant Kolberg Kravis Roberts has been named the preferred bidder to acquire Centropolis, 26-story twin tower buildings in central Seoul, accordin...
[THE INVESTOR] Unionized workers at Kumho Tire on April 1 voted to accept creditors' plan to sell the debt-ridden tiremaker to China's Qingdao Doublestar Co. to avoid being placed under court receiv...
[THE INVESTOR] Ailing Kumho Tire’s labor union said on March 30 it has decided to hold a vote on whether to accept the acquisition bid by China’s Qingdao Doublestar as early as tomorrow. The unio...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
