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Mergers & AcquisitionsCarlyle in final-stage talks to buy Korea’s No. 2 bakery chain
The Carlyle Group is in final stages of talks to buy South Korea’s No. 2 bakery chain Tous Les Jours from the country&rsqu...
Dec 07, 2020 (Gmt+09:00)
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In vitro diagnosticsSamsung hands over diagnostics business to local bio firm
Samsung Electronics Co. has agreed to hand over the business rights for its in vitro diagnostics (IVD) unit to a South Korean ...
Dec 07, 2020 (Gmt+09:00)
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Drug developmentSK injects $200 mn into Roivant partnership for new drug development
SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into th...
Dec 07, 2020 (Gmt+09:00)
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InterviewKorea’s KIP eyes Europe, China VC fund launches in 2021
Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investme...
Dec 07, 2020 (Gmt+09:00)
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Korean chipmakersNAND competition heats up as SK Hynix unveils 176-layer flash memory
SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps o...
Dec 07, 2020 (Gmt+09:00)
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RFPsPOBA seeks new global REIT manager for $100 mn mandate
South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) man...
Dec 07, 2020 (Gmt+09:00)
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Artificial intelligenceLG launches AI research think tank for digital transformation
LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to...
Dec 07, 2020 (Gmt+09:00)
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EconomyKorea Inc. braces for tough year as strong KRW kicks in
South Korean exporters are bracing for a tough year with their profits poised to languish, hit by the strong won, amid expectati...
Dec 07, 2020 (Gmt+09:00)