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Hana Financial Group , South Korea’s third-largest commercial bank-led financial holding company, has emerged as the top candidate for a projected 1.5 trillion won ($1.3 billion) acquisition of Lott...
Kakao Page, a mobile content platform operator owned by South Korea’s internet giant Kakao , has selected underwriters for an initial public offering of the company roughly valued at some 1.5 trill...
Seoul-based media giant CJ ENM reiterated April 17 that it is not taking an acquisition of Dexter Studios into consideration, months after a previous denial in January. “(CJ ENM) is not pursuing...
Hyundai Heavy Industries Holdings has agreed to sell its 17 percent stake in Hyundai Oilbank to Saudi Aramco for 1.4 trillion won ($1.2 billion), leaving the refiner more unlikely to opt for an init...
Stocks of Incross, South Korea’s third largest media representation firm, soared 26 percent in morning trading on news it has been partially acquired by SK Telecom. The country’s top telecommunicati...
South Korea’s retail firm E-Land World is set to sell its subsidiary K-Swiss to a Chinese sports brand six years after it purchased the US company, industry sources said on April 10. E-Land World is...
As the mergers and acquisitions market went on a record run in South Korea last year, signs of shifting sands are fleshing out in the market, according to top attorneys specialized in the field. Kor...
Woori Financial Group said on April 8 it acquired China-based Anbang Insurance Group’s local subsidiaries in South Korea -- Tongyang Asset Management and ABL Asset Management -- its first acquisition...
A consortium led by chemical-to-financial conglomerate KG Group has become the preferred bidder to buy Dongbu Steel , a sign that the debt-ridden steelmaker will end its loan workout on schedule af...
The financial strain on family-owned conglomerate Woongjin Group is intensifying due to its takeover of water purifier rental firm Coway that involved huge loans. The group is now suffering from a ...
Woori Financial Group announced on April 3 that it has signed a memorandum of understanding with family-owned Kukje Trust’s major stakeholders to acquire it. Woori Financial Group Chairman Sohn Tae...
Woori Financial Group, one of South Korea’s five financial holding companies, is poised to become the new owner of Tongyang Asset Management and ABL Asset Management, subsidiaries of two Anbang Insur...
Woori Financial Group and NongHyup Financial Group may end up vying to acquire Kukje Trust as both are looking to add a property asset trust arm. Woori Financial Group Chairman Sohn Tae-seung (left)...
For decades, lawyer Yoon Hee-woong has built his career providing legal advice for corporations. Since joining the South Korean law firm Yulchon in 2000, he has been paving the way for large busines...
LG Electronics CEO Jo Seong-jin recently conceded that as a newcomer in the mergers and acquisitions market in 2015, the firm had a tough time acquiring a stake in family-owned Austrian headlight ma...
Non face-to-face food ordering services popular amid social distancing trend
SendBird boosts in-app API with voice, video functions
Hosts angry at Airbnb for COVID-19 policies
NPS contemplates stance on fate of Hanjin KAL chairman
Kakao’s co-CEOs to serve another 2-year term
Remote work culture finally takes off in Korea, but will it stick?
SmartStudy revenue soars fueled by overseas performance
Brokerages on risky structured bets to take quick breather
March 30, 2020
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