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[THE INVESTOR] LF Group said on Nov. 22 it is acquiring a majority stake in the country’s third-largest realty trust KORAMCO REITs & Trust. The Korean fashion group will pay 189.8 billion won (US...
[THE INVESTOR] A POSCO Engineering & Construction-led consortium has been selected as the preferred bidder for a 600 billion-won (US$533 million) project to build a gas-fired combined cycle power pl...
[THE INVESTOR] Naver-owned mobile messenger app Line on Oct. 29 said its subsidiary Line Financial Asia has acquired a 20 percent stake in the Indonesian unit of KEB Hana Bank, in a bid to expand it...
[THE INVESTOR] Korean private equity firm STIC Investments has recently signed a share purchase deal worth 104 billion won (US$90.90 million) with Big Hit Entertainment, the agency behind K-pop sens...
[THE INVESTOR] Dasan Zhone Solutions, the US subsidiary of Korea’s Dasan Networks, on Oct. 10 said it is acquiring Keymile, a German manufacturer of broadband access solutions, for 10.25 million eur...
[THE INVESTOR] Hyundai Department Store Group, a major Korean retailer, said on Oct. 5 it has agreed to take over a local construction material maker for 368 billion won (US$325.30 million) in a bid...
[THE INVESTOR] Kakao Pay, mobile messenger giant Kakao’s payment subsidiary, on Oct.1 said it has acquired local midsized brokerage firm Baro Investment & Securities in a move to expand its financia...
[THE INVESTOR] LS Cable & System said on Oct. 1 it has signed a deal to supply high voltage cables to Denmark‘s state-run power firm Orsted by 2021. Some 350 kilometers of onshore high voltage c...
[THE INVESTOR] Korean auto parts maker Hanon Systems on Sept. 21 said it is acquiring Canada-based Magna International’s fluid pressure and controls business for US$1.23 billion. Magna’s business, ...
[THE INVESTOR] SK Networks, the nation’s second largest car rental provider, said on Sept. 19 it is considering the acquisition of its smaller rival AJ Rent-a-car, but adding nothing has been decide...
[THE INVESTOR] A consortium led by KCC, one of Korea’s leading makers of building materials, will sign a deal on Sept. 13 to acquire US silicone maker Momentive Performance Materials, a company sour...
[THE INVESTOR] Shinhan Financial Group announced on Sept. 5 that it will acquire majority stake in Orange Life Insurance, formerly known as ING Life Insurance Korea, for 2.29 trillion won (US$2.04 b...
[THE INVESTOR] Korea’s leading game developer NCSoft has sold some of its stake in Lezhin Entertainment, which operates a major online comic platform, industry sources said on Sept. 5. NCSoft sol...
[THE INVESTOR] Daeshin Securities, Korea’s midsize brokerage, has decided to invest a total of 122.7 billion won (US$109.80 million) in two buildings in New York, the company said on Sept. 5. The f...
[THE INVESTOR] Shinhan Financial Group’s acquisition of Orange Life, formerly known as ING Life, is imminent as the board of directors is set to decide on the merger on Sept. 5. The board is slated...
Samsung to ramp up Galaxy Fold production
Woongjin defers final bid for Coway to Oct.
Sae-A to acquire fiberboard maker Tailim Packaging
Video-streaming war heats up in S. Korea
YG faces W6b tax penalty as Burning Sun scandal unfolds
Aveva to upgrade integrated industrial software in digital push
Ghost Kitchen secures additional W9.2b
Medytox invests in US startup LifeSprout
September 19, 2019
