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BatteriesLG Energy: Will joining indices rescue stock from its plunge?
LG Energy Solution Ltd., the world’s No. 2 battery maker, will gain quick entry to two MSCI indices in mid-Februar...
Jan 28, 2022 (Gmt+09:00)
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SK Innovation not looking at listing battery unit for now
South Korea’s SK Innovation Co. is not currently considering an initial public offering of its battery subsidiary, an exec...
Jan 28, 2022 (Gmt+09:00)
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Pre-IPOsIMM to invest $120 mn in SoftBank-backed subtitle firm
South Korea's IMM Investment Corp. has agreed to invest 140 billion won ($120 million) in Iyuno-SDI Group, valuing the world's l...
Jan 28, 2022 (Gmt+09:00)
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Mergers & AcquisitionsSamsung buys $2.3 bn Bioepis stake from Biogen to end partnership
Samsung Biologics Co. is acquiring a nearly 50% stake in a biosimilar joint venture with Biogen Inc. from the US biotechnology c...
Jan 28, 2022 (Gmt+09:00)
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Alternative investmentsDaewoo consortium to develop building complex in Hanoi new town
Daewoo Engineering & Construction Co. has said it signed a contract on Jan. 26. to develop the H1HH1 block in Starlake, a ...
Jan 28, 2022 (Gmt+09:00)
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Corporate restructuringPOSCO wins shareholder support to launch holding firm
South Korea's POSCO Co. will transform into a holding company structure on Mar. 2, after its plan to split itself into a holding...
Jan 28, 2022 (Gmt+09:00)
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IPOsHyundai Engineering drops IPO plan on stock market weakness
Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, dropped a listi...
Jan 28, 2022 (Gmt+09:00)
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EntertainmentNaver to invest $330 mn in content business expansion
Naver Corp., South Korea’s online portal giant, decided to make an additional investment in a web content unit to expand i...
Jan 28, 2022 (Gmt+09:00)
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BatteriesSamsung SDI in talks with global automaker for battery joint venture
South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following i...
Jan 28, 2022 (Gmt+09:00)
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Mergers & AcquisitionsDaewoo Shipbuilding to look for domestic buyer: KDB
The state-run Korea Development Bank (KDB), the main creditor of Daewoo Shipbuilding and Marine Engineering Co., said on Thursda...
Jan 28, 2022 (Gmt+09:00)
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Alternative investmentsGerman urban logistics and light industrial assets promising, DLE says
The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce ...
Jan 28, 2022 (Gmt+09:00)