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Amazon.com, Comcast and Electronic Arts have joined the race for Korean game company Nexon, local business newspaper Maeil Business reported on Feb. 28. “In addition to the companies already known t...
Hana Alternative Asset Management has reportedly acquired bonds worth a 60 billion won (US$53.60 million) to finance the EchelonSeaport construction project in the US to become the first Korean entit...
Daewoo Shipbuilding & Marine Engineering said on Feb. 25 it has received a US$380 million order to build two liquefied natural gas-carrying ships. Under the deal with Maran Gas Maritime, the gas shi...
Kakao, Netmarble Games and a couple of leading private equity funds participated in a preliminary bid for Korea’s largest game developer, Nexon, industry sources said Feb. 22. Initially, the deal --...
Three Korean investment banks were found to have joined a consortium that is set to own a 33.3 percent stake in Cross London Trains. Led by Dalmore Capital and Equitix Investment Management, the con...
Korea’s largest private equity fund MBK Partners has been selected as the preferred bidder to acquire global chocolatier Godiva’s operations in the Asia-Pacific region, from Turkish firm Yildiz Holdi...
Samsung Heavy Industries said on Feb. 21 that it has clinched a deal worth a combined 870 billion won (US$774 million) to build four liquefied natural gas carriers. The contract was made with an Ame...
Shareholders of South Korea’s pay television service provider D’Live are now facing an imminent threat of default, as they struggle to sell off its shares to a market competitor. Courtesy of D'Live ...
POSCO Daewoo, a trading company of Korea’s largest steelmaker, POSCO, said on Feb. 13 that it has purchased a grain export terminal in Ukraine in line with its ongoing effort to expand into the food ...
Hyundai Heavy Industries, the world’s largest shipyard by sales, is set to buy its smaller local rival Daewoo Shipbuilding & Marine Engineering, the state-run Korea Development Bank said on Feb. 12. ...
With South Korean telecom LG Uplus moving to acquire the country’s biggest cable TV operator CJ Hellovision, attention is on whether the deal will pass regulatory muster, as local service providers s...
[THE INVESTOR] The sale of Korean-Japanese retail conglomerate Lotte Group’s financial units in Korea is among the most anticipated deals for the first half of this year due to the impact of the res...
[THE INVESTOR] Kakao is considering acquiring controlling stake in NXC, the holding firm of Korean-Japanese internet game software developer Nexon, becoming the first local firm to express interest...
[THE INVESTOR] Mirae Asset Daewoo has extended financing for fixed-income securities worth US$375 million to fund TSX Broadway, a real estate revamp project to build a 46-story building at Times Sq...
[THE INVESTOR] Woori Financial Group’s asset management subsidiary is set to buy Smart Savings Bank, a Korean non-banking lender, which is likely to become the first acquisition after it was recentl...
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
January 20, 2020
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