Corporate restructuring
Corporate restructuring
POSCO approves holding company plan for eco-friendly business
Dec 10, 2021 (Gmt+09:00)
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Corporate restructuring
Samsung’s mobile business renamed MX to highlight user experience
Samsung Electronics Co. on Friday changed the name of its mobile communications business to MX, short for mobile experience, in line with its pursuit...
Dec 10, 2021 (Gmt+09:00)
2 Min read -
Corporate restructuring
POSCO mulls holding company structure to raise enterprise value
South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhance its...
Dec 01, 2021 (Gmt+09:00)
3 Min readlanguage -
Corporate restructuring
Amazon in talks to invest in SK Tel's spun-off unit
Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom o...
Oct 13, 2021 (Gmt+09:00)
3 Min read -
Corporate governance
SK Group to reform governance structure with stronger board of directors
SK Group will undergo a major governance reform with significant empowerment of the board of directors in making key management decisions. The group ...
Oct 12, 2021 (Gmt+09:00)
4 Min read -
Corporate restructuring
SK Group’s holding firm to absorb SK Materials in corporate restructuring
SK Inc., the investment and holding company of SK Group, will absorb SK Materials Co., the group’s industrial gas manufacturing affiliate, in a...
Aug 20, 2021 (Gmt+09:00)
3 Min read -
Corporate restructuring
Korean firms split into new units for fair valuation amid uncertainty
The blurring of industry boundaries and increasing new opportunities in the pandemic era are driving major Korean companies to split businesses into ...
Jun 13, 2021 (Gmt+09:00)
7 Min readlanguage -
Corporate restructuring
Doosan Group pushes painful restructuring, bears fruit in Q1
Established in 1896 as a small fabric store in downtown Seoul, Doosan Corp. is the oldest surviving company in South Korea. Throughout the 20th centu...
May 06, 2021 (Gmt+09:00)
4 Min readlanguage -
Corporate restructuring
SK Group’s holding firm aims to become Korea’s Berkshire Hathaway
Jang Dong-hyun, chief executive of SK Inc., formerly known as SK Holdings Co. made a rare public remark during a March shareholder meeting, saying th...
Apr 21, 2021 (Gmt+09:00)
3 Min readlanguage -
Corporate restructuring
LG Corp shares surge ahead of relisting after LX Holdings split-off
Shares of LG Corp. are significantly outperforming the broader market on expectations the company will be fairly valued when it’s relisted on t...
Apr 15, 2021 (Gmt+09:00)
2 Min readlanguage -
Corporate restructuring
SK Telecom to split into mobile and non-mobile units
South Korea’s largest mobile carrier SK Telecom Co. will split into two separate entities. SK Telecom said on Apr. 14 that it will create a new...
Apr 14, 2021 (Gmt+09:00)
5 Min readlanguage -
Corporate restructuring
Doosan taps PEFs to sell copper clad board division
Doosan Co., the holding company of South Korea's Doosan Group, is in contact with several private equity firms to sell its in-house electronic materi...
Apr 13, 2021 (Gmt+09:00)
2 Min read -
Corporate restructuring
Ssangyong Motor gets extended grace period before court-led revamp
Ssangyong Motor Co. has received court approval to extend the two-month suspension of its debt obligations and find a new investor for the South Kore...
Feb 26, 2021 (Gmt+09:00)
1 Min read -
Corporate restructuring
Doosan to spin off No. 1 forklift business to Bobcat
South Korea-based power plant builder Doosan Group is planning to spin off its profitable forklift business into construction equipment affiliate Doo...
Feb 22, 2021 (Gmt+09:00)
2 Min readlanguage -
Corporate restructuring
SK Telecom creates dedicated IPO team to boost valuation
South Korea’s largest mobile carrier SK Telecom Co. has set up an exclusive team to oversee the initial public offering process for its affilia...
Feb 07, 2021 (Gmt+09:00)
3 Min read -
Corporate restructuring
Ssangyong Motor gets 2-months' grace before court-led restructuring
Ssangyong Motor Co. has received court approval for a two-month suspension of its obligations to repay debt as the troubled automaker is seeking to f...
Dec 28, 2020 (Gmt+09:00)
1 Min read -
Corporate restructuring
Ssangyong Motor files for court receivership, misses loan repayment
Ssangyong Motor Co. has filed for court receivership after the South Korean unit of India’s Mahindra and Mahindra Ltd. missed a 60 billion won ...
Dec 21, 2020 (Gmt+09:00)
3 Min read
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