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Mergers & AcquisitionsWinia cancels acquisition deal with Seoul Private Equity
Winia Co., a South Korean home appliance manufacturer under court-led restructuring, has terminated its conditional acquisition ...
Mar 14, 2025 (Gmt+09:00)
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AutomobilesKia to release PV9 in 2029, retains CEO for 3 more years
Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its fir...
Mar 14, 2025 (Gmt+09:00)
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Real estateBNK's planned acquisition of Hyundai Motor Securities building falters
BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as th...
Mar 14, 2025 (Gmt+09:00)
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Shareholder valueCelltrion to cancel $140 mn in treasury shares, stock up
South Korea’s leading biosimilar drug developer Celltrion Inc. announced on Friday a plan to cancel $140 million worth of ...
Mar 14, 2025 (Gmt+09:00)
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Rights offeringsSamsung SDI to raise $1.4 bn in rights offering for facility expansion
Samsung SDI Co. will issue new shares worth 2 trillion won ($1.4 billion), its first rights offering in two decades, to fund bol...
Mar 14, 2025 (Gmt+09:00)
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Shipping & ShipbuildingKorea’s Hanwha Ocean sends USNS Wally Schirra back to theater after MRO
A 210-meter, 40,000-ton US Navy vessel, heavily corroded and weathered from years of service, was pulled into Hanwha Ocean Co.'s...
Mar 14, 2025 (Gmt+09:00)