Deals
Private equity
Affinity eyes full control of food container maker Lock & Lock
Affinity Equity Partners, which holds a 69.64% stake in South Korean food container manufacturer Lock & Lock, is slated to buy most of the company's remaining shares to fully control its management as the household product maker’s earnings
22 HOURS AGO
-
Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rais...
Apr 16, 2024 (Gmt+09:00)
3 Min read -
Food & Beverage
CJ CheilJedang to sell feed, livestock unit for $1.4 bn
South Korean food giant CJ CheilJedang Corp. is seeking again to sell its loss-making feed and livestock subsidiary, Asia’s largest in the indu...
Apr 14, 2024 (Gmt+09:00)
3 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 -
Fashion
Korea’s Sae-A Trading buys US sportswear maker Tegra
South Korean textile maker and supplier Sae-A Trading Co. said on Tuesday it has signed a definitive agreement to acquire US sportswear maker Tegra f...
Apr 09, 2024 (Gmt+09:00)
1 Min read -
ECM/DCM
LG Electronics seeks to sell global bonds, 1st time in 12 yrs
LG Electronics Inc. is seeking to issue dollar-denominated bonds, its first global bond sale in 12 years, according to people with knowledge of the m...
Apr 08, 2024 (Gmt+09:00)
1 Min read -
Private debt
Golf equipment maker Taylormade to refinance $222 mn of debt
One of the South Korean owners of Taylormade Golf Co., a leading global golf equipment maker, is set to refinance its 300 billion won ($221.7 million...
Apr 08, 2024 (Gmt+09:00)
1 Min read -
Airlines
Jeju Air, MBK Partners in talks to buy Asiana’s cargo unit
South Korea’s top budget carrier Jeju Air Co. is in talks with North Asia-focused private equity firm MBK Partners to acquire Asiana Airlines I...
Apr 05, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Korea’s Shinhan to invest $180 mn in India’s HDFC Credila
South Korea’s Shinhan Bank is set to invest $180 million in HDFC Credila Financial Services Ltd., India’s largest education loan provider...
Apr 04, 2024 (Gmt+09:00)
1 Min read -
Tech, Media & Telecom
NPS sells shares in KT, making Hyundai the top shareholder
Hyundai Motor Group has become the top shareholder of South Korea’s leading mobile carrier KT Corp., after the country’s National Pension...
Apr 03, 2024 (Gmt+09:00)
1 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 -
Bio & Pharma
KKR, Hanmi heirs likely to join hands for controlling stake
The two sons of Hanmi Pharmaceutical Group’s founding family, who were approved as board members of the holding firm Hanmi Science Co. at its s...
Apr 02, 2024 (Gmt+09:00)
3 Min read -
Waste management
Korea Zinc buys US Kataman for $55 mn for recycling business
Korea Zinc Inc., the world’s largest lead and zinc smelter, acquired Kataman Metals LLC, a US-based scrap metal trading company, at $55 million...
Apr 01, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Shinhan Securities leads M&A of Trench Group
South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group,...
Mar 29, 2024 (Gmt+09:00)
1 Min read -
Private equity
Hahn & Co. overhauls Namyang board, ending family control
Private equity firm Hahn & Co. on Friday won shareholder approval to replace Namyang Dairy Products Co.'s board of directors with Hahn's executiv...
Mar 29, 2024 (Gmt+09:00)
2 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 -
E-commerce
Qoo10 buys Korean department store AK’s e-commerce unit
Southeast Asia-based e-commerce platform Qoo10 Pte. has signed an agreement to acquire South Korean department store chain AK Plaza’s online sh...
Mar 27, 2024 (Gmt+09:00)
2 Min read -
Private equity
IMM PE puts South Korea’s top travel agency Hanatour up for sale
IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top travel...
Mar 26, 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 -
Debt financing
MBK secures $1 bn refinancing on Homeplus from Meritz
MBK Partners, the North Asia-focused private equity firm, has refinanced all of its 1.3 trillion won ($1 billion) loans on Homeplus with a new one fr...
Mar 22, 2024 (Gmt+09:00)
3 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 -
Construction
Daewoo E&C, Kuwaiti banks sign $250 mn loan agreement
Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (AB...
Mar 14, 2024 (Gmt+09:00)
1 Min read -
Private equity
Tmax Group to draw more than $572 mn to buy back Tmaxsoft
South Korea's leading software company Tmax Group is set to draw at least 750 billion won ($572.3 million) and a maximum of 1 trillion won from Seoul...
Mar 12, 2024 (Gmt+09:00)
1 Min read -
Investment banking
MBK’s Michael ByungJu Kim: Most influential in Korea’s capital market
Michael ByungJu Kim, co-founder and partner of Northeast Asia-focused private equity firm MBK Partners Ltd., has been chosen as the most influential ...
Mar 11, 2024 (Gmt+09:00)
4 Min read -
Private equity
EQT sells Shinhan Financial stake in block deal at 30% IRR
EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal o...
Mar 07, 2024 (Gmt+09:00)
1 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
Hidden Champions
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
-
Koh Young Technology Inc
Published: Sep 21, 2020
Last updated: Jan 20, 2023
-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
Future Unicorns
Latest News