▶주메뉴 바로가기
▶본문 바로가기
[THE INVESTOR] Kumho Tire may be headed straight for court receivership at this rate, as it has so far failed to reach a consensus on whether to accept investment from Qingdao Doublestar as of March 29, a day before the deadline for submitting an answer. The union wants nothing to do with Doubles...
[THE INVESTOR] Pressed for cash, Hyundai Life Insurance is looking to sell the headquarters building of its sister firm Hyundai Card in Seoul’s financial district of Yeouido, according to industry sources on March 29. The insurer -- part of Hyundai Motor Group -- recently picked Colliers Interna...
[THE INVESTOR] Korean tire maker Tire Bank has announced its bid to acquire Kumho Tire. “We felt a deep sense of sorrow seeing that Kumho Tire may be sold off to a Chinese firm,” said Kim Jeong-gyu, chairman of Tire Bank, in a press conference at 10 a.m. on March 27. “As a fellow Korean comp...
[THE INVESTOR] Expectations are high for a possible initial public offering of Big Hit Entertainment, the managing agency of the K-pop sensation BTS, largely buoyed by its upbeat earnings report last week. On March 22, the firm publicized its earnings for the first time since its establishment in...
[THE INVESTOR] Mirae Asset Global Investment, the asset management arm of Mirae Asset Financial Group, will inject US$220 million in its subsidiary to acquire the US exchange-traded funds issuer Global X, according to industry sources on March 21. At the board meeting last week, Mirae Asset Globa...
[THE INVESTOR] SK Innovation said on March 21 that its wholly owned US subsidiary SK E&P America will buy a 100 percent stake in Longfellow Nemaha, a US gas exploration firm, in the latest move to boost its shale gas exploration projects in North America. SK E&P America has entered into a defi...
[THE INVESTOR] Savills Korea, the Korean unit of the UK real estate agency, has been named deal broker for Samsung C&T’s building sale worth at least 600 billion won (US$560 million), according to industry sources on March 20. Savills outpaced several bidders, including two separate consortiums ...
[THE INVESTOR] Daewoo Shipbuilding & Marine Engineering said on March 15 it has clinched a deal worth about US$370 million to build two LNG carriers for an unidentified shipping company. The shipbuilder said it is set to deliver two carriers that can each hold 173,400 cubic meters of LNG to a ...
[THE INVESTOR] SsangYong Engineering & Construction said on March 15 its consortium has clinched a US$740 million order to build a smart hospital in Singapore. The Woodlands Health Campus will be made up of an acute care hospital, a community hospital, specialist outpatient clinics and a nursi...
[THE INVESTOR] Shinhan Financial Group, the nation’s largest financial holding company in terms of assets, has recently started due diligence on local insurer ING Life Insurance for a possible acquisition, according to industry sources on March 9. MBK Partners, the nation’s largest private equi...
[THE INVESTOR] Mirae Asset Venture Investment, a venture capital unit of Mirae Asset Financial Group, is seeking to launch an initial public offering as early as next year on the nation’s secondary bourse KOSDAQ, according to industry sources on March 9. The firm has recently starting preparatio...
[THE INVESTOR] Korean premium massage chair maker Bodyfriend has no immediate plans to make its stock debut, according to its largest shareholder VIG Partners on March 7. “We have no plans for Bodyfriend’s IPO anytime soon,” Lee Chul-min, managing partner of VIG Partners, the Seoul-based priva...
[THE INVESTOR] SK Group has teamed up with Australia’s largest investment bank Macquarie Group to join an estimated 3 trillion won (US$2.80 billion) bid for ADT Caps, the nation’s No. 2 security firm that has been put up for sale by US private equity giant Carlyle Group, according to industry so...
[THE INVESTOR] KKR said on March 5 that it has completed its investment in LS Group’s auto parts maker LS Automotive and acquired KCF Technologies, the group’s copper foil business arm, formally known as LS Mtron. “LS Automotive and KCF Technologies are world-class businesses and leaders in th...
[THE INVESTOR] Dayou Group has completed the acquisition of Daewoo Electronics and has begun measures to normalize operations at the electronics company, the group said on March 4. Dayou Group purchased an 84.5 percent stake in Daewoo Electronics from DB Group and financial investors through a sp...
At Biden meeting, Hyundai Motor Group unveils extra $5b investment
No. of metaverse users hits lowest after distancing rules lifted
BOK likely to lift rate to tame rapid inflation: economists
Hyundai Steel to work with KIER to advance carbon neutral tech
Korea has nearly 100,000 investors holding more than W100m of crypto
7 in 10 job seekers willing to work at startup: survey
Biden to meet Hyundai Motor chief on new investment plan
S-Oil CEO apologizes for Ulsan refinery explosion