M&A
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[Interview] Real estate
Time to invest in luxury hotels in Seoul: JLL executive
The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lockd...
9 HOURS AGO
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M&As
DL Chem seals $2.5 bn purchase of US chemical maker Kraton
DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion,...
14 HOURS AGO
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Automotive Cybersecurity
LG Elec to start automotive cybersecurity business
South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking ...
Sep 23, 2021 (Gmt+09:00)
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M&As
Fried chicken chain BHC to pay $255 mn for Outback Steakhouse Korea
South Korea’s No. 2 fried chicken brand BHC Group is set to spend $255 million to acquire the Korean operations of Outback Steakhouse, an Austr...
Sep 23, 2021 (Gmt+09:00)
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E-commerce
SoftBank sells part of Coupang shares for $1.7 bn
Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1.6...
Sep 17, 2021 (Gmt+09:00)
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M&As
Korean EV startup makes highest bid for Ssangyong Motor
South Korea's electric vehicle and battery startup EL B&T has offered the highest price of around 500 billion won ($430 million) for debt-laden S...
Sep 15, 2021 (Gmt+09:00)
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M&As
KDB chairman urges FTC to approve merger of Korean Air, Asiana
A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. and its local rival Asiana Airlines I...
Sep 14, 2021 (Gmt+09:00)
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M&As
Korea content platform startup to buy Getty Images unit
A South Korean content platform startup OGQ Corp. is set to take over the world’s leading stock content company Getty Images Inc.’s unit ...
Sep 13, 2021 (Gmt+09:00)
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M&As
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent yea...
Sep 10, 2021 (Gmt+09:00)
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Banking & Finance
Woori Fin to move closer to privatization by year's end
The South Korean government will sell another big chunk of its remaining shares in Woori Financial Group by year's end to finally give up its top sha...
Sep 10, 2021 (Gmt+09:00)
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M&As
POSCO Chem buys stake in Chinese graphite processor
POSCO Chemical Co. has acquired a 13% stake in a Chinese graphite processor as part of the South Korean company's efforts to secure a stable supply o...
Sep 09, 2021 (Gmt+09:00)
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Renewable energy
SK E&S acquires US energy firm KCE, to invest $600 mn for expansion
SK E&S Co., the natural gas business unit of SK Group, has acquired Key Capture Energy LLC (KCE), a US operator of energy storage projects, as th...
Sep 09, 2021 (Gmt+09:00)
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M&As
KT, Daishin PE acquire 100% stake in global data firm Epsilon
South Korea’s major telecom company KT Corp. is expanding investments in future growth areas outside the traditional mobile sector. KT said on ...
Sep 09, 2021 (Gmt+09:00)
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M&As
Netmarble acquires Canadian game studio for $165 mn
South Korea's Netmarble Corp. has acquired Canada's mobile game developer Ludia Inc. for $165 million, the latest in a series of its cross-border acq...
Sep 09, 2021 (Gmt+09:00)
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Pharamaceuticals
Korea’s Genome & Company aims US CMO market
South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into ...
Sep 09, 2021 (Gmt+09:00)
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Petrochemicals
SK holds off indefinitely on petrochem unit stake sale
South Korea's SK Innovation Co. has put on hold indefinitely its plan to sell up to a 49% stake in SK Geocentric Co., formerly known as SK Global Che...
Sep 08, 2021 (Gmt+09:00)
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M&As
Strategic buyers line up for IMM-led $1.3 bn Hanssem deal
LX Hausys Ltd., South Korea's leading building materials maker, on Monday announced a plan to join Seoul-based IMM Private Equity in acquiring a cont...
Sep 06, 2021 (Gmt+09:00)
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[Exclusive] M&As
SK Ecoplant to sell plant building business before IPO
SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is in advanced stages of talks with a consortium of South Korea-based IUM P...
Sep 06, 2021 (Gmt+09:00)
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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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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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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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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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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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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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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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