Deals
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M&As
TikTok owner ByteDance in talks to invest $43 mn in Korea’s KidariStudio
South Korea’s online content platform KidariStudio Inc. will likely attract 50 billion won ($43 million) from China’s ByteDance Ltd., the...
Sep 06, 2021 (Gmt+09:00)
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M&As
Burger King's Korea, Japan operations up for sale
Affinity Equity Partners is putting Burger King's operations in South Korea and Japan up for sale, after the US hamburger franchise overtook its bigg...
Sep 06, 2021 (Gmt+09:00)
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M&As
Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled
Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD Co...
Sep 06, 2021 (Gmt+09:00)
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Venture capital
Korea VC firms reap big rewards for investing in early-stage startups
When KNet Investment Partners LLC, a South Korean venture capital company, invested 9.9 billion won ($8.6 million) in Krafton Inc. in 2009, the game ...
Sep 05, 2021 (Gmt+09:00)
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M&As
Korea Post nets nearly $1 bn from KakaoBank block sale
Korea Post has netted slightly over 1 trillion won ($861 million) from the block sale of its shares in South Korea's largest internet-only lender Kak...
Sep 02, 2021 (Gmt+09:00)
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IPOs
Hyundai to step up push into eco-friendly ships with IPO
Hyundai Heavy Industries Co. plans to spend 70% of the proceeds from its initial public offering on the Korea Exchange, or about 760 billion won ($65...
Sep 02, 2021 (Gmt+09:00)
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Biotech
Korea’s bio startup Voronoi inks $324 million deal with Brickell Biotech
Voronoi Inc., a South Korean biotechnology startup, has clinched a $324 million deal to grant Brickell Biotech, a US clinical-stage pharmaceutical fi...
Sep 02, 2021 (Gmt+09:00)
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M&As
Namyang Dairy-Hahn & Co. saga enters new chapter: Legal fight
Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik on Wednesday notified Hahn & Co. of the termination of the 310.7 billion w...
Sep 01, 2021 (Gmt+09:00)
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[Exclusive] M&As
Lotte teams up with IMM PE to acquire furniture maker Hanssem
Lotte Group is seeking to acquire a stake in Hanssem Co., South Korea’s largest furniture and home furnishing company, with an investment of up...
Sep 01, 2021 (Gmt+09:00)
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M&As
Interpark draws cool response from Korean online giants
South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online platforms, including Nave...
Aug 31, 2021 (Gmt+09:00)
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IPOs
Blackstone, Hahn & Co. to make $800 mn in two Korean IPOs
South Korea's largest used car seller K Car Co., wholly owned by Hahn & Co., will go public on the country's main stock exchange in October, whic...
Aug 31, 2021 (Gmt+09:00)
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M&As
Behind the scenes of GS-led group's $1.5 bn Hugel purchase
South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46.9% stake in the coun...
Aug 31, 2021 (Gmt+09:00)
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IPOs
Kakao Pay cuts IPO price by 6% for October listing
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial public ...
Aug 31, 2021 (Gmt+09:00)
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Banking & Finance
K Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley
K Bank, the digital banking unit of South Korea’s telecom giant KT Corp., is valued at 8 trillion won ($6.9 billion) and could further raise it...
Aug 31, 2021 (Gmt+09:00)
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M&As
Hahn & Co. sues Namyang owner over completion of $267 mn deal
South Korea’s private equity firm Hahn & Co. filed a lawsuit against the owner of Namyang Dairy Products and his family to complete a $267 ...
Aug 30, 2021 (Gmt+09:00)
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Investment banking
BofA emerges as top dealmaker of S.Korea's mega M&As
Bank of America Merrill Lynch (BofA) has emerged as the top M&A dealmaker in South Korea this year, working on a combined 8 trillion won ($7 bill...
Aug 30, 2021 (Gmt+09:00)
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M&As
Coffeebanhada, known for robot barista, seeks investment for expansion
Coffeebanhada, a South Korean budget coffee chain operator, is seeking to attract investment from private equity funds and strategic investors.Accord...
Aug 30, 2021 (Gmt+09:00)
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Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some warn...
Aug 27, 2021 (Gmt+09:00)
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Private equity
Now is the time for PEFs to show their art of exit
Leading private equity firms, including Bain Capital, KKR & Co. and MBK Partners, appeared to have turned to an exit mode in South Korea this yea...
Aug 27, 2021 (Gmt+09:00)
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Entertainment
SM to absorb music production unit before founder's stake sale
SM Entertainment Co., a South Korean music powerhouse, will absorb a music production company wholly owned by its founder and chief producer Lee Soo-...
Aug 25, 2021 (Gmt+09:00)
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Startups
KT makes partial exit from travel platform Yanolja
South Korea’s telecom giant KT Corp. has made a partial exit from the country’s largest travel platform Yanolja, which is eyeing a US IPO...
Aug 25, 2021 (Gmt+09:00)
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M&As
Bain Capital sells management rights of Hugel to GS-led group for $1.5 bn
A consortium led by South Korea’s energy-to-construction conglomerate GS Group has acquired the country’s top botox maker Hugel Inc. from...
Aug 25, 2021 (Gmt+09:00)
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[Exclusive] Digital healthcare
Naver to enter healthcare business in Korea with investment in ezCaretech
South Korea’s online platform giant Naver Corp. is set to enter the big data-based healthcare industry by investing in ezCaretech Co., a domest...
Aug 25, 2021 (Gmt+09:00)
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Markets
Are global GSS bonds sustainable?
Global green, social sustainability (GSS) bonds may not be stable enough yet. The bonds where proceeds will be exclusively applied to finance or re-f...
Aug 24, 2021 (Gmt+09:00)
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M&As
Citibank Korea’s retail banking exit faces stumbling block
The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its board...
Aug 24, 2021 (Gmt+09:00)
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Future mobility
Kakao Mobility takes first step toward 2022 IPO
Kakao Mobility Corp., South Korea's most popular taxi-hailing app, has taken its first step toward a stock market debut, which is expected to value t...
Aug 23, 2021 (Gmt+09:00)
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F&B
Namyang ex-chair's no-show for $300 mn deal: What's next
Hong Won-sik, ex-chairman of South Korea’s Namyang Dairy Products Co., appeared to have changed his mind shortly after signing a 310.7 billion ...
Aug 23, 2021 (Gmt+09:00)
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Retail
Japan’s Aeon plans to sell off struggling Ministop Korea
South Korea’s fifth-largest convenience store chain Ministop Korea Co. is up for sale by its owner, the Aeon Group of Japan. Ministop Korea is ...
Aug 23, 2021 (Gmt+09:00)
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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)
Hidden Champions
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Point Mobile
Published: Sep 14, 2021
Last updated: Sep 29, 2021
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Jong Ie Nara
Published: May 26, 2021
Last updated: May 28, 2021
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Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jul 15, 2021
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T-Robotics
Published: Mar 25, 2021
Last updated: Jul 08, 2021
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3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
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Koh Young Technology Inc
Published: Sep 21, 2020
Last updated: Sep 28, 2021
Future Unicorns
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RIDI
Published: Sep 28, 2021
Last updated: Oct 01, 2021
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Grip
Published: Apr 19, 2021
Last updated: Apr 30, 2021
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Sandbox Network
Published: Mar 22, 2021
Last updated: Jul 23, 2021
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Spoon Radio
Published: Feb 02, 2021
Last updated: Mar 19, 2021
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AIOBIO
Published: Oct 07, 2020
Last updated: Jun 08, 2021
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Wisely
Published: Sep 20, 2020
Last updated: May 26, 2021
