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M&AsLotte Group beats Shinsegae to acquire Ministop Korea
Lotte Group beat its retail rival Shinsegae Group in a competition to buy South Korea’s fifth-largest convenience store ch...
Jan 17, 2022 (Gmt+09:00)
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RoboticsDoosan Robotics eyes $10 bn cobot market
A robot with a humanoid arm is busy at work transporting parts inside Doosan Robotics’ manufacturing plant in Suwon City, ...
Jan 17, 2022 (Gmt+09:00)
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Aerospace & DefenseS.Korea’s defense exports to top $10 billion
South Korea’s defense exports hit a record last year as key local makers such as LIG Nex1 Co., Hanwha and Korea Aerospace ...
Jan 17, 2022 (Gmt+09:00)
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Corporate strategyKT, Shinhan form $370 mn digital alliance
South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Ba...
Jan 17, 2022 (Gmt+09:00)
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Alternative investmentsLotte acquires Chicago-based hotel for $36 mn K-style rebrand
Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Mon...
Jan 17, 2022 (Gmt+09:00)
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Private equityKTB PE earns 100% return from US brand sold to P&G
South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following P...
Jan 17, 2022 (Gmt+09:00)