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Hyosung Group
Hyosung Group’s year-to-date valuation almost doubles
Hyosung Group, founded in 1966, is a textile and chemicals conglomerate that currently stands as the 26th-largest business group in South Korea. Until and including last year, the group received not-so-stellar attention from investors in the stock ma
5 HOURS AGO
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Stake sale
IMM PE to acquire 40% stake in SK Lubricants for $900 mn
Seoul-based IMM Private Equity will acquire a 40% stake in South Korea’s SK Lubricants Co., wholly owned by SK Innovation Co., for about one trillion won ($900 million).According to investment banking sources on Apr. 22, IMM PE will sign a sale
5 HOURS AGO
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Post-pandemic
Korean PEFs raise bets on pandemic-hit aircraft sector
The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms which have begun to prepare for post-pandemic portfolios.IMM Investment Corp.'s aircraft operating and lea
7 HOURS AGO
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Earnings
Hyundai Motor Q1 net profit triples; chip shortage dims Q2 outlook
South Korea’s top automaker Hyundai Motor Co. said on Thursday its first-quarter net profit nearly tripled to the highest level in four years, driven by pricey sport utility vehicles and premium Genesis models.But the company warned of tough bu
7 HOURS AGO
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Stake sale
IMM PE to acquire 40% stake in SK Lubricants for $900 mn
5 HOURS AGO
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Post-pandemic
Korean PEFs raise bets on pandemic-hit aircraft sector
7 HOURS AGO
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[Exclusive] EV batteries
Copper foil maker raises $700 mn funding to build Europe plant
Apr 21, 2021 (Gmt+09:00)
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PEFs
EastBridge beats KKR, TPG to buy waste disposal firm
Apr 21, 2021 (Gmt+09:00)
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Financing
Naver mulls US listing for webtoon biz
Apr 21, 2021 (Gmt+09:00)
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Startup IPOs
Referral-based job portal Wantedlab applies for H2 IPO
Apr 19, 2021 (Gmt+09:00)
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Capital raising
SK E&S seeks global IB to raise up to $3 bn in 2021
Apr 16, 2021 (Gmt+09:00)
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IPOs
Kakao Bank applies for 2021 IPO in South Korea
Apr 15, 2021 (Gmt+09:00)
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Korean music labels
K-Pop shares to soar on BTS, Blackpink comeback
South Korean entertainment labels are expected to see their earnings momentum back in full swing in the second quarter as popular K-pop groups such as BTS, Seventeen, Blackpink, Twice and NCT prepare for a comeback.On Apr. 15, HYBE Co., the label behind BTS, saw its share price close at 250,000 won ($223), up by 6.16% from the previous session. It
Apr 16, 2021 (Gmt+09:00)
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IMF
IMF warns against South Korea's debt explosion
South Korea needs to closely monitor government spending to avoid a future debt explosion given its rapidly aging population, according to a senior International Monetary Fund (IMF) official on Apr. 14.The country's strong fundamentals, including a robust manufacturing sector and a quality labor force, will keep the debt manageable for now, but hea
Apr 15, 2021 (Gmt+09:00)
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Corporate split-off
LG Corp shares surge ahead of relisting after split-off
Shares of LG Corp. are significantly outperforming the broader market on expectations the company will be fairly valued when it’s relisted on the domestic bourse next month following its split-off into two entities.In early Thursday trade, LG Corp. rose 10.34% -- its biggest daily percentage gain in more than three months -- to 112,500 won. T
Apr 15, 2021 (Gmt+09:00)
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