M&A
-
[Exclusive] EV batteries
Copper foil maker raises $700 mn funding to build Europe plant
South Korea's Iljin Materials Co., which produces copper foils for rechargeable batteries and printed circuit boards (PCBs), has received 800 billion...
4 HOURS AGO
-
PEFs
EastBridge beats KKR, TPG to buy Korean waste disposal firm
South Korea-based EastBridge Partners has agreed to acquire a majority stake in the country's waste treatment firm YIDO for around 260 billion won ($...
6 HOURS AGO
-
M&As
Hyundai denies talks to sell stake in Rotem to Siemens
Hyundai Motor Co. said on Wednesday that it is not seeking to sell a stake in Hyundai Rotem Co., in response to reports that the South Korean carmake...
Apr 20, 2021 (Gmt+09:00)
language -
M&As
Citibank Korea's retail arm sale may fuel M&A market
Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fin...
Apr 16, 2021 (Gmt+09:00)
-
Web platforms
Naver, Kakao vie for Korean web novel platform
Naver Corp. and Kakao Corp., South Korea's two online giants, are competing to acquire Munpia Inc., their smaller domestic rival in the web novel mar...
Apr 15, 2021 (Gmt+09:00)
-
Doosan restructuring
Doosan taps PEFs to sell copper clad board division
Doosan Co., the holding company of South Korea's Doosan Group, is in contact with several private equity firms to sell its in-house electronic materi...
Apr 13, 2021 (Gmt+09:00)
-
M&As
Outback Steakhouse Korea put up for sale by PEF
South Korea-based private equity firm Skylake Equity Partners is seeking to sell a 100% stake in Outback Steakhouse Korea, as the PE firm and sale ma...
Apr 12, 2021 (Gmt+09:00)
-
Block deal
Korea state agency sells $134 mn Woori Fin shares
The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth o...
Apr 09, 2021 (Gmt+09:00)
-
[Exclusive] E-commerce
Kakao to buy fashion app, pushing aside eBay Korea
Kakao Corp., South Korea's top mobile messaging app operator, is set to acquire a majority stake in Zigzag, a domestic online fashion platform target...
Apr 08, 2021 (Gmt+09:00)
language -
[Exclusive] Stake sales
Hankook Tire to sell stake in Hanon Systems, eyes $900 mn gains
South Korea’s Hankook Tire & Technology Co. plans to divest of its 19.5% stake in Hanon Systems Corp., an auto parts maker, in a move that ...
Apr 08, 2021 (Gmt+09:00)
language -
PEF exits
IMM PE's art of the exit: Cable maker, online mall
Seoul-based IMM Private Equity has come into the spotlight with a series of lucrative exits in South Korea, including the 265 billion won ($237 milli...
Apr 08, 2021 (Gmt+09:00)
-
Overseas investments
Naver invests $150 million in Indonesia’s No.1 media group Emtek
South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest technol...
Apr 07, 2021 (Gmt+09:00)
language -
Delivery apps
Sale of Korea’s No.2 delivery app Yogiyo kicks off with May 4 prelim bid
The sale of South Korea’s second-largest food delivery app Yogiyo has kicked off with the sell-side issuing an information memorandum to potent...
Apr 07, 2021 (Gmt+09:00)
-
Global M&As
Deep inside the deal: HYBE-Ithaca merger
The recent merger deal between two global entertainment powerhouses, HYBE Co. of South Korea and Ithaca Holdings of the US, will create a mega music ...
Apr 07, 2021 (Gmt+09:00)
-
Retailer purchases
SK Group acquires 16.3% of Vietnam’s top retailer for $410 million
South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to e...
Apr 06, 2021 (Gmt+09:00)
language -
Music and entertainment
BTS, Bieber, Lovato celebrate HYBE-Ithaca alliance
HYBE Co. and Ithaca Holdings, the two entertainment powerhouses that recently joined hands to create the mega music label that will house BTS, Ariana...
Apr 06, 2021 (Gmt+09:00)
language -
[Exclusive] EV batteries
SK Group eyes jackpot from investment in battery maker SES
South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batte...
Apr 05, 2021 (Gmt+09:00)
language -
[Exclusive] Digital contents
Kakao in talks to buy US fiction app in heated IP rivalry
South Korea's mobile giant Kakao Corp. is in negotiations to buy the management rights of US-based mobile fiction startup Radish Fiction for around 4...
Apr 04, 2021 (Gmt+09:00)
language -
Music and entertainment
HYBE-Ithaca merger puts BTS, Justin Bieber under one roof
BTS, Justin Bieber and Ariana Grande will be under the same music label group through a historic M&A deal between HYBE Corporation, formerly Big ...
Apr 02, 2021 (Gmt+09:00)
language -
M&As
Shinsegae buys Korean online fashion mall from IMM PE
Shinsegae Group has acquired South Korea's leading online fashion platform from IMM Private Equity, in a transaction estimated at between 250 billion...
Apr 01, 2021 (Gmt+09:00)
-
League table
Morgan Stanley tops Korea's Q1 M&A league table
Morgan Stanley reclaimed its top position in South Korea's M&A advisor league table in the first quarter of this year for the first time in two y...
Mar 31, 2021 (Gmt+09:00)
-
Gene CMO
SK acquires 70% stake in Yposkesi to jump into cell, gene CMO business
SK Inc., the holding and investment company of SK Group, South Korea’s third-largest conglomerate, has acquired a 70% stake in Yposkesi, a Fren...
Mar 31, 2021 (Gmt+09:00)
-
Venture capital
KTB Network wins jackpot from Korean delivery app sale
KTB Network Co., a South Korean venture capital firm, has pocketed a double-digit return, or 62.5 billion won ($55 million) from the sale of its stak...
Mar 30, 2021 (Gmt+09:00)
-
M&As
IMM PE exits S.Korea's No.2 electric wire manufacturer
Seoul-based IMM Private Equity has fully exited its 300 billion won ($265 million) investment in the country's No. 2 electric wire manufacturer by se...
Mar 29, 2021 (Gmt+09:00)
-
M&As
SK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal
Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the deal estimated at around...
Mar 29, 2021 (Gmt+09:00)
-
M&As
Chinese PE firm pays $1.4 bn to take over Magnachip Semiconductor
South Korean chipmaker Magnachip Semiconductor Corp. announced on Mar. 27 that it has entered into a definitive agreement to be acquired by China-bas...
Mar 28, 2021 (Gmt+09:00)
language -
MBK girds for eBay Korea deal as competition heats up
MBK Partners is the only financial bidder for eBay Korea, the wholly-owned unit of the US online retailer, which has drawn top Korean retailers, the ...
Mar 25, 2021 (Gmt+09:00)
language -
M&As
Lotte buys S.Korea’s top secondhand e-commerce platform
South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s la...
Mar 23, 2021 (Gmt+09:00)
-
Bio business
Lotte advances into bio business, to acquire stake in Enzychem
South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake in Enzychem Lifescien...
Mar 23, 2021 (Gmt+09:00)
language -
M&As
Hahn & Co. to put Korean auto parts maker up for sale
South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expecte...
Mar 19, 2021 (Gmt+09:00)
language