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Mergers & AcquisitionsIMM PE exits S.Korea's No.2 electric wire manufacturer
Seoul-based IMM Private Equity has fully exited its 300 billion won ($265 million) investment in the country's No. 2 electric wi...
Mar 29, 2021 (Gmt+09:00)
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Factory suspensionHyundai Motor to halt plant for a week; Kona, IONIQ 5 affected
South Korea’s top automaker Hyundai Motor Co. will halt its main plant in Ulsan for a week due to a component supply disru...
Mar 29, 2021 (Gmt+09:00)
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EconomyInflation fears spread in S.Korea amid wage hikes
Inflation figures have entered a rising trend in South Korea amid ongoing competition across industries for higher wages. The co...
Mar 29, 2021 (Gmt+09:00)
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Future mobilityHanwha seeks to acquire Overair; invest in satellite, drone companies
Hanwha Systems Co., the defense and information technology service unit of Hanwha Group, is seeking to purchase the entire stake...
Mar 29, 2021 (Gmt+09:00)
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Private equityHellman & Friedman set to gather $500 mn from Korea
San Francisco-based private equity firm Hellman & Friedman (H&F) is expected to gather $500 million from South Korea's t...
Mar 29, 2021 (Gmt+09:00)
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Mergers & AcquisitionsSK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal
Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the dea...
Mar 29, 2021 (Gmt+09:00)
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Fund manager surveyOutlook for Korean battery shares evenly split amid weak performance
South Korea’s major battery makers, which have underperformed the broader stock market since the start of the year, remain...
Mar 29, 2021 (Gmt+09:00)