M&A
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M&As
Edison-led consortium named preferred buyer of Ssangyong Motor
A consortium led by electric bus maker Edison Motors Co. has been named the preferred buyer of South Korea’s troubled sport utility vehicle mak...
Oct 20, 2021 (Gmt+09:00)
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EV batteries
Samsung SDI, Stellantis to build billion-dollar battery JV in US
Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the US...
Oct 19, 2021 (Gmt+09:00)
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Pre-IPOs
GIC, EQT, MBK compete for ADT Caps' $300 mn shares
Singapore's sovereign wealth fund GIC, Sweden-based EQT Partners and South Korea-based MBK Partners are among the four shortlisted bidders for shares...
Oct 19, 2021 (Gmt+09:00)
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Oil & Gas
POSCO International seeks to buy Australian gas producer Senex
POSCO International Co. is seeking to acquire Australian coal seam gas producer Senex Energy Ltd., as the trading unit of South Korean steelmaker POS...
Oct 18, 2021 (Gmt+09:00)
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EV batteries
LG Energy, Stellantis to launch $3.4 billion EV battery JV in US
South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. are launching a 4 trillion won ($3.4 billion) joint venture t...
Oct 18, 2021 (Gmt+09:00)
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[Exclusive] Entertainment
CJ ENM in exclusive talks to acquire SM Entertainment
South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-genera...
Oct 15, 2021 (Gmt+09:00)
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E-commerce
Yanolja likely to buy $250 mn stake in Interpark spin-off
South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority stak...
Oct 14, 2021 (Gmt+09:00)
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[Exclusive] Private equity
Tesco ordered to return $160 mn to MBK over Homeplus deal
Tesco Plc, the UK's largest retailer, was recently ordered by an international arbitration court to return £119 million ($163 million) to MBK P...
Oct 14, 2021 (Gmt+09:00)
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Group restructuring
Amazon in talks to invest in SK Tel's spun-off unit
Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom o...
Oct 13, 2021 (Gmt+09:00)
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M&As
Ssangyong Motor struggles to find new owner
Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the ex...
Oct 13, 2021 (Gmt+09:00)
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Airlines
Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal
Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana Ai...
Oct 12, 2021 (Gmt+09:00)
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M&As
Shares in Woori Financial draw KT, builder and PEFs
South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to ...
Oct 08, 2021 (Gmt+09:00)
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Chemicals
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world’s l...
Oct 08, 2021 (Gmt+09:00)
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M&As
Toss acquires Tada, taps into mobility market
South Korea-based mobile financial platform Toss, which has been expanding its operations across the financial sector, is set to foray into the mobil...
Oct 08, 2021 (Gmt+09:00)
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M&As
Korea Inc emerges as big buyer in global M&A market
South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future grow...
Oct 05, 2021 (Gmt+09:00)
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Private equity
Private equity exits tipped to lead S.Korea's Q4 M&A market
South Korea's M&A market, which has enjoyed record levels of activity so far this year, is expected to remain buoyant for the remainder of the ye...
Oct 04, 2021 (Gmt+09:00)
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Corporate investment
Samsung's cash reserves dwindle on increased R&D, other investments
Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the S...
Oct 04, 2021 (Gmt+09:00)
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M&As
Delayed EU approval puts Hyundai-Daewoo shipbuilding deal at risk
The deal to combine the world's largest shipbuilder Hyundai Heavy Industries Co. with second-ranked Daewoo Shipbuilding & Marine Engineering Co. ...
Oct 03, 2021 (Gmt+09:00)
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[League table] M&As
Morgan Stanley remains top advisor for S.Korea Q3 M&As
Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGuid...
Oct 01, 2021 (Gmt+09:00)
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Battery materials
SKC drops plan for silicon anode JV on investment overlap woes
South Korea’s SKC Corp. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...
Oct 01, 2021 (Gmt+09:00)
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M&As
Behind the scenes of DL Chemical’s unexpected $2.5 bn Kraton purchase
When DL Chemical Co. announced its $2.5 billion acquisition of US chemical manufacturer Kraton Corp. on Monday, it left many people bewildered.The an...
Sep 30, 2021 (Gmt+09:00)
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Battery materials
SKC to form JV with British Nexeon for silicon anode business
South Korea’s SKC Corp. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market...
Sep 29, 2021 (Gmt+09:00)
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[Interview] Real estate
Time to invest in luxury hotels in Korea: 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...
Sep 28, 2021 (Gmt+09:00)
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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,...
Sep 28, 2021 (Gmt+09:00)
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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)
