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Hyosung GroupHyosung Group’s year-to-date valuation almost doubles
Hyosung Group, founded in 1966, is a textile and chemicals conglomerate that currently stands as the 26th-largest business group...
Apr 22, 2021 (Gmt+09:00)
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Mergers & AcquisitionsIMM Private Equity to acquire 40% stake in SK Lubricants for $900 million
Seoul-based IMM Private Equity will acquire a 40% stake in South Korea’s SK Lubricants Co., wholly owned by SK Innovation ...
Apr 22, 2021 (Gmt+09:00)
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Asset managementKOTAM raises $185 mn for BlackRock's new energy fund
Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to Bl...
Apr 22, 2021 (Gmt+09:00)
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COVID-19Korean PEFs raise bets on pandemic-hit aircraft sector
The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean priva...
Apr 22, 2021 (Gmt+09:00)
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EarningsHyundai Motor Q1 net profit triples; chip shortage dims Q2 outlook
South Korea’s top automaker Hyundai Motor Co. said on Thursday its first-quarter net profit nearly tripled to the highest ...
Apr 22, 2021 (Gmt+09:00)
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Aerospace & DefenseHanwha Defense readies full-scale USV development
Hanwha Defense Co., a wholly owned defense solutions subsidiary of Hanwha Aerospace Co., got the go-ahead from South Korea&rsquo...
Apr 22, 2021 (Gmt+09:00)
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RFPsKorean govt pension to commit $105 mn to 3 global infra funds
South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this yea...
Apr 22, 2021 (Gmt+09:00)
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Korean chipmakersSK Hynix co-vice chairman hints at expanding foundry business
SK Hynix Inc., the world’s second-largest memory chipmaker, may expand its foundry business as a growing number of industr...
Apr 22, 2021 (Gmt+09:00)
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IPOsDONT PUBLISH/EDIT ONLY: FiscalNote en route to US listing; valuation to reach $2 bn
FiscalNote, a Washington D.C.-based tech firm that uses artificial intelligence and big data to track, predict and analyze regul...
Apr 22, 2021 (Gmt+09:00)