Mergers & Acquisitions
Mergers & Acquisitions
Woori Financial acquires Korea Foss Securities to offer brokerage services
May 03, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Osstem to buy Brazil’s No. 3 dental implant maker Implacil
South Korea’s Osstem Implant Co., the world’s fourth-largest dental implant maker, is slated to acquire Brazilian peer Implacil De Bortol...
May 03, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
STIC Investments to sell Korea’s top mobile coupon platform
Seoul-based private equity firm STIC Investments is set to sell Coop Marketing, South Korea’s largest mobile coupon platform company that opera...
Apr 30, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
Blackstone signs over $1 bn deal with MBK for 1st exit in Korea
Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp.,...
Apr 22, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Samsung Electronics' key M&A man returns; big deals in the offing
Samsung Electronics Co., the world’s top memory chipmaker and leading smartphone and electronics maker, has been absent from the mergers and ac...
Apr 12, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Korea's M&A market poised to bounce back after bleak Q1
South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won ($16 billion) worth ...
Apr 11, 2024 (Gmt+09:00)
4 Min read -
Mergers & Acquisitions
Hanwha committed to Austal takeover deal despite rejected bid
Hanwha Ocean Co., the world’s second-largest shipbuilder, said on Tuesday it made a takeover bid for Austal and negotiated the price and terms ...
Apr 03, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Hanmi’s planned merger with OCI scrapped as sons win family feud
Hanmi Pharmaceutical Group’s proposed merger with OCI Holdings Co. has collapsed after two sons of the group’s founding family, who oppos...
Mar 28, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
KDB halts KDB Life sale process to take full control
The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer be...
Mar 27, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
SK Networks prepares to put SK Rent-a-Car on market
SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts to...
Mar 26, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Samsung Elec vies for Johnson Controls' HVAC units
Samsung Electronics Co. has joined the race to buy Johnson Controls International’s heating, ventilation and air conditioning (HVAC) assets wor...
Mar 25, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Proxy advisor KCGS backs Hanmi founder's sons return to board
South Korea’s top proxy advisory firm has recommended that shareholders of Hanmi Science Co. vote in favor of Hanmi Pharmaceutical Group’...
Mar 20, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Craft beer maker Jeju Beer sells stake to car repair company
South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car maint...
Mar 19, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
South Korea’s Daesang retracts bid to acquire China’s Chengfu Food
South Korea’s food giant Daesang Corp. has retracted its bid to acquire a controlling stake in China’s leading food additives maker Heilo...
Mar 08, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Lotte puts Lotte Chemical Titan in Malaysia on market
Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tita...
Mar 06, 2024 (Gmt+09:00)
4 Min read -
Mergers & Acquisitions
OCI-Hanmi merger faces tougher hurdles amid family feud
Hanmi Pharmaceutical Group’s aim to merge with chemicals giant OCI Group is hitting some roadblocks amid a prolonged feud between the family ow...
Feb 13, 2024 (Gmt+09:00)
4 Min read -
Mergers & Acquisitions
Qoo10 buys US e-commerce platform Wish for $173 mn
Southeast Asia-focused e-commerce platform Qoo10 Pte. has agreed to acquire Wish, a US online marketplace, for $173 million from Nasdaq-listed Contex...
Feb 13, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Not a penny for Samsung Sec in failed HMM deal, and little sympathy
After the planned $5 billion sale of HMM Co., South Korea’s largest container shipper, to poultry processor Harim Co. fell through this week, t...
Feb 08, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Harim gives up HMM deal over management rights dispute
South Korea's leading poultry processor Harim Co. has walked away from a $5 billion deal to buy HMM Co., South Korea’s No. 1 ocean carrier, rej...
Feb 07, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Harim, KDB in dispute over $5 bn HMM deal conditions
Talks to sell South Korea’s No. 1 ocean carrier HMM Co. to Harim Group, a leading poultry processor, have made little progress amid disputes ov...
Jan 23, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Hyundai sells Chongqing plant at $227 mn for China restructuring
Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring its business to survi...
Jan 17, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Orion to buy control of biotech startup LegoChem for $415 mn
South Korea’s snack and confectionery maker Orion Group has agreed to buy a controlling stake in LegoChem Biosciences Inc., a Korean biotech st...
Jan 15, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Lotte Chem’s sale of Pakistani PTA unit falls through
Lotte Chemical Corp.'s plan to sell off its Pakistani PTA subsidiary to local chemicals producer Lucky Core Industries Ltd. has collapsed, a year aft...
Jan 15, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
OCI-Hanmi merger to create Korea’s Bayer: OCI Chairman
Merging into one team, OCI Group and Hanmi Pharmaceutical Group will leap forward to be a global novel drug manufacturing and biotechnology innovato...
Jan 15, 2024 (Gmt+09:00)
5 Min read -
Mergers & Acquisitions
H&Q, Aeneas PE put online retailer 11Street on the market
H&Q Korea Partners and Hong Kong-based Aeneas Private Equity have put South Korea’s e-commerce platform 11Street Co. up for sale to recoup ...
Jan 08, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Celltrion to sell portfolio of Takeda drugs to CBC Group
South Korea’s Celltrion Inc. will divest of a portfolio of Takeda Pharmaceutical's prescription medicines sold in Asia to CBC Group, a Singapor...
Jan 01, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Kakao Mobility's talks to acquire FreeNow in deadlock
Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based ...
Dec 27, 2023 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Ocean carrier HMM's share price gains put KDB in hot seat
On Nov. 20, HMM Co., South Korea’s No. 1 ocean carrier, issued new 200 million shares after its two largest shareholders -- Korea Development B...
Dec 26, 2023 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Korea’s Glenwood PE in spotlight with carve-out deals
South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execut...
Dec 25, 2023 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Coupang to buy luxury platform Farfetch at $500 mn
Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retailer for luxury goods, i...
Dec 19, 2023 (Gmt+09:00)
2 Min read
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