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Hanwha Systems, a defense unit of defense and chemical conglomerate Hanwha Group, said on July 11 it will invest $25 million in a US personal air vehicle company to expand its business portfolio. ...
Mirae Asset Global Investment, a unit of Mirae Asset Financial Group, has emerged as the top bidder for an 8-story commercial building in India by offering 4.13 billion rupees ($59.88 million), indus...
Seoul-based online content company Kidari Studio will buy a 20.9 percent stake in French webtoom firm Delitton for 2.3 billion won ($2 million). The cash payment will be completed by July 30. Once...
Seoul-based accounting firm Deloitte Anjin stressed the role of South Korean private equity houses in creating new value as uncertainties surface in the domestic merger and acquisition market. “PEs ...
South Korean aviation firm Hanwha Aerospace said on June 10 that it will take over the entire stake of US aircraft engine manufacturer EDAC Technologies from Greenbriar Equity Group for 351.6 billion...
The main creditors of South Korean steelmaker Dongbu Steel have agreed on 360 billion won ($305.4 million) investment from a KG Group-led consortium, preceded by a share capital reduction and debt-...
Hyundai Rental Service has decided to raise 10 billion won ($8.5 million) from subsidiaries of Hana Financial Group, the banking giant said on June 4. Hana Ventures, a corporate venture capital arm ...
Five companies including Kakao and Netmarble have joined the final bid for game giant Nexon, industry sources said on June 3. The bid to buy a majority stake in NXC, the holding company of Nexon Jap...
DGB Financial Group’s dividend per share is expected to rise following the sale of its indirect subsidiaries Hi Asset Management and Hi Investment & Futures, analysts said on June 3. Its potential n...
China International Capital Corp, China’s leading investment bank, is set to invest 5 billion won ($4.2 million) in South Korea’s largest secondhand goods platform Joonggo Nara, the Hankuk Business D...
Igis Asset Management, South Korea’s largest property investment firm by assets under management, gained regulatory approval for an ownership transfer on May 29. The news cleared the hurdles ahead o...
Aekyung Group, which offers consumer goods to low-cost carriers, appears to be joining the race to buy Asiana Airlines, according to market watchers on May 29. “We’ve been mulling the idea (of acqui...
Samsung SDS has pledged to buy 25 percent stake in CMC, Vietnam’s leading information technology service provider, the Korean firm said on May 27. After gaining approval from CMC shareholders, the i...
Retail giant Lotte Group’s South Korean holding company Lotte Corp. has agreed to sell a majority stake in its credit card arm Lotte Card to a consortium comprising MBK Partners and Woori Bank. Ac...
South Korea’s biggest corrugated fiberboard makers Tailim Packaging and Tailim Paper are up for sale, according to industry sources on May 23. Seoul-based private equity firm IMM PE, the largest sha...
Where are business opportunities in post-COVID-19 era?
K-Startup Center expands despite Covid-19
Russia approves HDC’s Asiana takeover, final stage for merger deal cleared: HDC
Hyundai Mobis invests W25b in US tech funds for future mobility
Korean PEF inches closer to KDB Life acquisition
Authorities to expand local companies’ access to financial database
Kakao Pay Securities highlights fun factor in stock trading
Watchdog urges full compensation for damages from ponzi-involved Lime fund
July 16, 2020
