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Mergers & AcquisitionsSBW emerges as sole bidder for Eastar Jet acquisition
Korea’s fashion company Ssangbangwool Inc. (SBW) was the only participant in the Eastar Jet Co. sellout bidding held at th...
Jun 14, 2021 (Gmt+09:00)
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Food & BeverageKorea’s F&B exports to surpass $4.5 billion in 2021
South Korea’s food and beverage (F&B) exports set a new record in 2020 and are projected to rise even higher this year...
Jun 14, 2021 (Gmt+09:00)
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Korean startupsService marketplace Soomgo raises nearly $30 mn in Series C round
South Korea-based Brave Mobile Inc., the operator of service matching platform Soomgo, has secured 32 billion won ($28.6 million...
Jun 14, 2021 (Gmt+09:00)
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Artificial intelligenceMastern, Kiwoom close $200 mn France logistics deal
South Korea's Mastern Investment Management Co. and Kiwoom Securities Co. have completed the acquisition of six last-mile distri...
Jun 14, 2021 (Gmt+09:00)
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E-commerceShinsegae inches closer to eBay Korea purchase; deal remains elusive
Shinsegae Group has inched closer to a deal to acquire eBay Korea that would see the South Korean retail giant emerge as an e-ec...
Jun 14, 2021 (Gmt+09:00)
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EntertainmentK-pop fan engagement platform DearU eyes H2 listing
South Korea-based fan platform DearU Co. has filed a preliminary application to the Korea Exchange with plans for a trading debu...
Jun 14, 2021 (Gmt+09:00)
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Mergers & AcquisitionsNature Holdings beats Shinsegae, CJ to join TaylorMade deal
The Nature Holdings, a South Korean importer of popular apparel brands such as National Geographic, Jeep, NFL and Vera Wang, has...
Jun 14, 2021 (Gmt+09:00)
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Mergers & AcquisitionsFailed M&As in Korea now draw excess of candidates with better outlook
South Korea’s M&A market is heating up as the outlook for the global economic recovery is becoming more comfortable th...
Jun 14, 2021 (Gmt+09:00)
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WebtoonsNaver vs. Kakao: Global webtoon duel extends into Southeast Asia
The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast ...
Jun 14, 2021 (Gmt+09:00)
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Shipping & ShipbuildingDaewoo Shipbuilding to build $1 bn offshore facility for Brazil’s Petrobras
Daewoo Shipbuilding & Marine Engineering Co. has won a 1.1 trillion won ($1 billion) deal to build an offshore facility for ...
Jun 14, 2021 (Gmt+09:00)
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Pension fundsGovt pension fund to ease due diligence to revive global deals
South Korea's Government Employees Pension Service (GEPS) has abandoned its onsite only due diligence requirements on alternativ...
Jun 14, 2021 (Gmt+09:00)
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AutomobilesTennessee mayors oppose ITC’s anti-dumping duties on Hankook Tire
Politicians in the US state of Tennessee are urging the International Trade Commission (ITC) to avoid hurting the operations of ...
Jun 14, 2021 (Gmt+09:00)
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Pension fundsTeachers' fund nets about $155 mn from Aberdeen's PPP projects
The Korean Teachers' Credit Union (KTCU) has netted a combined 173 billion won ($155 million) from its eight-year investment of ...
Jun 14, 2021 (Gmt+09:00)