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Seoul-based trading company SK Networks , Qingdao-based consumer electronics maker Haier and US private equity The Carlyle Group have joined the preliminary bidding to acquire 25.08 percent stake i...
The Seoul Central District Prosecutors’ Office has dismissed allegations that Hahn Sang-won, CEO of private equity firm Hahn & Co., had evaded taxes. The decision, however, is unlikely to salvage th...
Woori Financial Group, one of South Korea’s five financial holding companies, acquired Kukje Asset Trust, the group said on July 26. It is buying a 65.7 percent stake in the real estate management f...
Boston-based NeuroBo Pharmaceuticals, which is backed by a South Korean venture capital firm, said July 25 that it is merging with Nasdaq-listed Gemphire Therapeutics. Gemphire is a clinical-stage ...
Namyeung Vivien, a 62-year old local underwear maker, saw its shares surging on July 23 following news that the company is up for sale. Shares in the Kospi-listed company rose by a daily limit of 30...
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...
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
