Deals
Future mobility
Hyundai Motor invests in Clearpath Robotics in push for future mobility
Clearpath’s unmanned ground vehicle (UGV), Jackal Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comprehensive provider of future mobility.Acc
Mar 17, 2020 (Gmt+09:00)
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Share swap
Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce
South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap ...
Mar 16, 2020 (Gmt+09:00)
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M&As
eBay Korea draws SK Tel, Shinsegae and MBK
The sale of eBay Korea Inc., the country's third-largest online shopping platform, has attracted preliminary bids from leading Korean companies ...
Mar 16, 2020 (Gmt+09:00)
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M&As
Delivery Hero kicks off sale of S.Korea's No.2 delivery app Yogiyo
Yogiyo delivery driver Germany-based online food delivery service Delivery Hero SE has kicked off the sale process of South Korea's second-larges...
Mar 16, 2020 (Gmt+09:00)
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M&As
SK Lubricants draws Japan's refiner Enoes, three PEFs
SK Lubricants' SK ZIC brand Japan's biggest refiner Enoes Corp. is one of the four final bidders for a minority stake in South Korea's SK Lubrica...
Mar 12, 2020 (Gmt+09:00)
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IPOs
Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential
Coupang Chief Executive Kim Bom-suk in front of the New York Stock Exchange Building on Mar. 11. South Korea's e-commerce giant Coupang Corp. had...
Mar 12, 2020 (Gmt+09:00)
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M&As
SK Hynix's Intel NAND chip deal wins US regulatory approval
The US antitrust regulators have approved of SK Hynix Inc.'s $9 billion acquisition of Intel Corp.'s NAND memory chip business, also under revie...
Mar 12, 2020 (Gmt+09:00)
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IPOs
Coupang soars 41% on US trading debut
South Korea's Coupang Corp. made its trading debut in New York on Thursday, with shares rocketing 41% from their $35 opening price to close at $...
Mar 12, 2020 (Gmt+09:00)
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PEFs
Affirma, EastBridge to invest $350 mn in SK's mobility venture
Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobi...
Mar 11, 2020 (Gmt+09:00)
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Builder stake sale
Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal
Daewoo Engineering & Construction Co. is up for sale as its main creditor hopes to cash out of the South Korean builder on the back of its i...
Mar 11, 2020 (Gmt+09:00)
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IPOs
SK Bioscience IPO draws record-high demand from retail investors
Retail investors participate in SK Bioscience's public subscription at a Korea Investment Securities branch. South Korean vaccine maker S...
Mar 11, 2020 (Gmt+09:00)
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PEFs
Carlyle ends negotiations to buy Korean bakery chain
The Carlyle Group has terminated three-month talks with South Korea’s CJ Group to buy the country’s No. 2 bakery chain Tous Les Jour...
Mar 10, 2020 (Gmt+09:00)
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SK Group
SK Group's financial story: Measure, divest and focus
SK Group Chairman Chey Tae-won speaks during a CEO seminar of group units in October 2020. Last month, South Korea's third-largest conglomerate S...
Mar 09, 2020 (Gmt+09:00)
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SK in stake sale talks for SPC set up to buy Plug Power
SK Holdings Co. is in negotiations with several private equity firms to sell up to a 49% stake in a special purpose company (SPC) set up to inve...
Mar 09, 2020 (Gmt+09:00)
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Mobility
Kakao forays into pet taxi service; buys Pet Me Up
Pet Me Up, Korea's No. 1 pet taxi service South Korea-based Kakao Mobility Corp., a subsidiary of mobile giant Kakao Corp., has acquired the coun...
Mar 09, 2020 (Gmt+09:00)
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M&As
eBay Korea set to fuel rivalry between retail, online giants
eBay Korea runs the Auction and Gmarket online shopping malls, as well as G9 The planned sale of eBay Inc.’s South Korean operations is gat...
Mar 08, 2020 (Gmt+09:00)
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IPO fees
SK Bioscience’s $1.3 bn IPO generates $10 mn in underwriting fees
A branch of Korea Investment Securities, a co-underwriter of SK Bioscience's IPO The initial public offering of SK Bioscience Co. was priced at t...
Mar 08, 2020 (Gmt+09:00)
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Oil refining
SK Innovation divests of stakes in US shale oil fields
(Source: Getty Images Bank) SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line wit...
Mar 08, 2020 (Gmt+09:00)
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M&A financing
Korean Air raises $2.9 bn in largest-ever share issue by Korean firm
Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a d...
Mar 07, 2020 (Gmt+09:00)
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Bond issues
Naver picks underwriters for first global bond sale
Naver Chief Executive Han Seong-sook Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Se...
Mar 07, 2020 (Gmt+09:00)
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IPOs
SK Bioscience attracts NPS, GIC in successful bookbuilding
South Korea-based SK Bioscience Co. has successfully concluded the bookbuilding for its initial public offering, attracting institutional invest...
Mar 05, 2020 (Gmt+09:00)
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Future mobility
Affirma, EastBridge in race for T Map Mobility’s $267 mn fundraising
Global buyout fund Affirma Capital and South Korean private equity firm EastBridge Partners will compete in a race for the 300 billion won ($267...
Mar 04, 2020 (Gmt+09:00)
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M&As
Affinity Equity set to acquire Korea’s top recruitment portal JobKorea
JobKorea CEO Yoon Byung-jun Affinity Equity Partners, a global private equity firm, is set to acquire the entire stake of South Korea’s top...
Mar 04, 2020 (Gmt+09:00)
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Logistics
Hyundai Glovis, Changjiu team up to boost China-Europe rail transport
South Korea-based Hyundai Glovis Co. has teamed up with China’s largest automotive logistics firm, Changjiu Group, to foster rail transpor...
Mar 03, 2020 (Gmt+09:00)
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REITs
SK Group eyes IPO of headquarter-backed REIT in 2021
SK Seorin Building, the head office of SK Group, owned by Hana Alternative Asset Management Co. South Korea’s SK Group has begun the proces...
Mar 03, 2020 (Gmt+09:00)
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Seed funding
Seed investors shy from investing in early stage startups amid pandemic
Government officials pose for a photo at the opening ceremony of Startup Park in Incheon in February. Early stage startups are almost always risk...
Mar 03, 2020 (Gmt+09:00)
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Logistics centers
China logistics firms yield decent returns for Korean investors
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chine...
Mar 03, 2020 (Gmt+09:00)
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IPOs
Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant
South Korea's e-commerce giant Coupang Corp. is looking to raise up to $3.6 billion via its initial public offering on the New York Stock Exchan...
Mar 02, 2020 (Gmt+09:00)
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IPOs
Upward IPO price band revisions at all-time high this year
This year, South Korean companies preparing for trading debuts have set their offering prices on average about 27% higher than the proposed pric...
Mar 02, 2020 (Gmt+09:00)
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IPO managers
Hyundai Heavy hires Korea Investment, 4 others as IPO managers
South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investme...
Mar 02, 2020 (Gmt+09:00)
Hidden Champions
Next Unicorns
Latest News
- 1 COVID-19 shakes up Korea’s list of richest stock owners
- 2 Hyundai Honorary Chairman Chung inducted into Automotive Hall of Fame
- 3 GS Energy to sell half of thermal power plant unit to IMM
- 4 Korea’s heavy machinery makers post stellar H1 earnings
- 5 Surging global used car demand brightens Hankook Tire outlook
