M&A
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E-commerce
Shinsegae to raise $2 bn in secured loan for eBay Korea
South Korea's Shinsegae and Lotte groups, the two final contenders for eBay Korea, are hurrying to securitize their assets, even offering core real ...
Jun 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanon sale takes shape; Valeo, Mahle, LG among potential bidders
The much-touted sale of South Korea’s Hanon Systems Corp. is taking solid shape with names of potential bidders floating around in the market ...
Jun 10, 2021 (Gmt+09:00)
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E-commerce
Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown
The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...
Jun 07, 2021 (Gmt+09:00)
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Business & Politics
Citibank alludes to S.Korean retail business closure
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
Jun 04, 2021 (Gmt+09:00)
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Energy
CS Wind acquires US wind tower factory from Vestas at $150 mn
South Korea’s wind tower manufacturer CS Wind Corp. has acquired full ownership of the world’s largest tower manufacturing facility loca...
Jun 04, 2021 (Gmt+09:00)
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Entertainment
HYBE raises $400 mn in a move to diversify BTS-dependent portfolio
HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion wo...
Jun 03, 2021 (Gmt+09:00)
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Media
Naver to gain toehold in OTT market via CJ ENM
South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...
Jun 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry
As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...
Jun 01, 2021 (Gmt+09:00)
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Deals
Naver, CJ ENM join forces to acquire Korea's No.3 web novel platform
South Korea’s platform giant Naver Corp. has joined forces with CJ Group to acquire the country's leading web novel platform Munpia Inc. in a ...
May 28, 2021 (Gmt+09:00)
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Hotel sale
Hilton Seoul likely to be transformed into office
Millennium Hilton Seoul, the venue of South Korea's 1997 negotiations to secure a $58 billion rescue package from the International Monetary Fund, w...
May 24, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn
Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...
May 24, 2021 (Gmt+09:00)
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Webtoons
Concurrent deal closings by Kakao, Naver: Mere coincidence?
Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...
May 24, 2021 (Gmt+09:00)
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Stake sales
Halla to join bid for Hanon Systems stake; seen biggest deal in Korea
South Korea’s Halla Group is joining the race for the purchase of auto parts supplier Hanon Systems Corp. -- a deal, if reached at the top end...
May 21, 2021 (Gmt+09:00)
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Mergers & Acquisitions
World's 1st e-sports channel OGN up for sale; valued at $8.9 million
OGN, a South Korean cable TV channel specialized in broadcasting video game-related content and e-sports matches, is up for sale.According to invest...
May 21, 2021 (Gmt+09:00)
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E-commerce
Naver, Shinsegae in talks to team up for eBay Korea
Naver Corp., South Korea's top online portal, is in talks with the country's retail giant Shinsegae Group about a joint bid for eBay Korea -- a deal...
May 19, 2021 (Gmt+09:00)
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Deals
SK Hynix push for takeover of Key Foundry to boost foundry production
SK Hynix Inc. is taking the first steps to take over South Korea-based Key Foundry, a move in line with recent remarks from Park Jung-ho, the SK Hyn...
May 17, 2021 (Gmt+09:00)
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Deals
Biggest deal in Korea: Hanon Systems stake sale draws KKR, Carlyle, TPG
The sale process of a near-70% stake in South Korean auto parts supplier Hanon Systems Corp. has kicked off, attracting a pool of strategic investor...
May 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean PEF clinches $1.7 bn TaylorMade Golf acquisition
South Korea's lesser-known private equity firm Centroid Investment Partners has acquired US sports equipment manufacturing firm TaylorMade Golf Co. ...
May 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Naver vs Kakao: Intense rivalry to extend beyond Asia
South Korea's two online giants Naver Corp. and Kakao Corp. have completed their respective acquisitions of storytelling platforms in the US and Can...
May 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery app Yogiyo bidders narrowed to Shinsegae, PEFs
Germany's Delivery Hero SE has narrowed down the list of bidders for South Korea’s second-largest food delivery platform Yogiyo to Shinsegae I...
May 11, 2021 (Gmt+09:00)
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Batteries
Korea’s major firms look for M&A targets in battery materials business
South Korea’s major companies are looking for merger and acquisition opportunities in the rechargeable battery materials sector, which is grow...
May 06, 2021 (Gmt+09:00)
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Korean startups
IB-turned-podcaster in quest of hidden startup gems
A seasoned investment banker of Korean origin, David Kim, has turned his eyes to rising startups that have yet to receive attention and began to int...
May 06, 2021 (Gmt+09:00)
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E-commerce
Delivery app Yogiyo draws bids from retailers, PEFs
South Korea’s second-largest food delivery app Yogiyo has drawn about 10 preliminary bidders, including retailer Shinsegae and private equity ...
May 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Innovation set to flex muscle with $4 bn in new cash
SK Innovation Co., South Korea's leading electric vehicle battery maker, is on course to raise more than 5 trillion won ($4.5 billion) this year fro...
May 02, 2021 (Gmt+09:00)
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Food & Beverage
BTS-loved kombucha brand Teazen up for sale
The majority shareholder of South Korea’s fine tea brand Teazen Co. is seeking to sell ownership of the company, attracting multiple potential...
Apr 29, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Evercore joins as advisor for S.Korea’s Hanon Systems stake sale
Evercore Inc., a New York-based boutique investment banking advisory firm, is joining hands with Morgan Stanley to co-manage the sale of a majority ...
Apr 23, 2021 (Gmt+09:00)
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Mergers & Acquisitions
IMM Private Equity to acquire 40% stake in SK Lubricants for $900 million
Seoul-based IMM Private Equity will acquire a 40% stake in South Korea’s SK Lubricants Co., wholly owned by SK Innovation Co., for about one t...
Apr 22, 2021 (Gmt+09:00)
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COVID-19
Korean PEFs raise bets on pandemic-hit aircraft sector
The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms whic...
Apr 22, 2021 (Gmt+09:00)
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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 billio...
Apr 21, 2021 (Gmt+09:00)
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Waste management
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 (...
Apr 21, 2021 (Gmt+09:00)
Most Read
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- 2 Korea Zinc, MBK face proxy war for zinc smelter
- 3 Korea Zinc shares skyrocket after buybacks in tender offer
- 4 Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn
- 5 Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026
- 6 Kia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
- 7 Tesla in talks with SK Hynix for $725 mn eSSD order
- 8 South Korea’s Viva Republica drops Korean IPO plan, seeks US debut
- 9 Shinsegae Group splits E-Mart, department store with executive reshuffles
- 10 Blackpink’s Rose releases new song in collaboration with Bruno Mars
- 11 Toyota, Hyundai agree to deepen ties in hydrogen, robotics
- 12 Hyundai to produce hybrid cars at EV-only plant in US state of Georgia
- 13 Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs
- 14 BTS Jin previews new song ‘I’ll Be There' ahead of release of his solo album
- 15 Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
- 16 Korea’s SK Networks partners with Malaysia’s Sunway on AI
- 17 Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind
- 18 Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK
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- 20 TheBorn Korea eyes M&As, overseas expansion after $73.7 million IPO