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Korean AirKorean Air seals $835 mn in-flight business sale to private equity firmKorean Air Lines Co. Ltd. signed a definitive agreement on August 25 to sell its in-flight duty-free and meal service business to ...
Aug 25, 2020 (Gmt+09:00)
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Private equityHanwha Life commits $400 mn to KKR’s new Asia buyout fundHanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co...
Aug 25, 2020 (Gmt+09:00)
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Corporate governanceKorea's largest tiremaker mired in family feud over management controlSouth Korea’s largest tire manufacturer Hankook Tire & Technology Co. is in the crosshairs as the family feud over ...
Aug 25, 2020 (Gmt+09:00)
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Central bankBank of Korea to sharply lower 2020 GDP forecast: governorThe South Korean economy is expected to shrink at a steeper rate than the expected 0.2% this year, and the Bank of Korea (BOK) wil...
Aug 25, 2020 (Gmt+09:00)
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Kakao GamesUpdated: Kakao Games to shore up M&A with IPO proceeds – CEOKakao Games Corp. will use proceeds from the initial public offering to carry out active M&A among game sectors, said Namkoong...
Aug 25, 2020 (Gmt+09:00)
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dollar bondKT issues $400 mn dollar-denominated bond with record-low 1% interest rateSouth Korea’s telecom giant KT Corp. has set a record-low interest rate among privately-held Korean companies with the issue...
Aug 25, 2020 (Gmt+09:00)