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Mergers & AcquisitionsMirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal
Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 b...
Dec 01, 2020 (Gmt+09:00)
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Joint VenturesKakao, Tencent join forces to tackle Chinese market
South Korea’s leading platform giant Kakao Corp. has joined hands with China’s tech giant Tencent Holdings Ltd. to t...
Dec 01, 2020 (Gmt+09:00)
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Korean chipmakersGlobal NAND market in game of chicken as Samsung ups ante
Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in th...
Dec 01, 2020 (Gmt+09:00)
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AirlinesSeoul court clears way for Korean Air’s $1.6 bn Asiana deal
Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company s...
Dec 01, 2020 (Gmt+09:00)
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BatteriesLG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn
South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share o...
Dec 01, 2020 (Gmt+09:00)
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Mergers & AcquisitionsCelltrion finalizes $278mn acquisition of Takeda's primary care assets
South Korea's biopharmaceutical firm Celltrion Inc. has completed the $278 million acquisition of Takeda Pharmaceutical Company ...
Dec 01, 2020 (Gmt+09:00)
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Construction & PlanningSamsung Engineering wins $1 bn Malaysia plant deal
Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to buil...
Dec 01, 2020 (Gmt+09:00)
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Mergers & AcquisitionsIMM Private Equity to set up operation-focused unit
This is the first in our bi-weekly Deal briefs series, covering the latest M&A deals and key events in South Korea’s c...
Dec 01, 2020 (Gmt+09:00)
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Korean startupsFashion platforms Musinsa, Zigzag hit jackpot thanks to Gen Zers and millennials
South Korea’s online fashion apps are booming thanks to their ability to attract Gen Zers and millennials. This year, th...
Dec 01, 2020 (Gmt+09:00)