DB HiTek takeover

DB Insurance Co., a leading South Korean non-life insurance company, has become Daol Investment & Securities Co.'s second-largest shareholder af...

DB GlobalChip Co., the chip design subsidiary of South Korea’s chip foundry company DB HiTek Co., has begun mass-producing organic light-emitt...

South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...

Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...

Premier Partners and Praxis Capital are on track to raise 1 trillion won ($680 million) in their respective funds after the two South Korean private...

South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...

South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, fo...

Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach ...

North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...

An unprecedentedly high number of South Korean corporations have become targets of unwanted hostile takeover attempts or have been embroiled in mana...

DB Insurance Co. raked in the biggest profits from overseas operations among South Korean insurance companies in the first half of this year, leadin...

North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost f...

Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundra...

Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...

Hanwha Ocean Co., the world’s second-largest shipbuilder, said on Tuesday it made a takeover bid for Austal and negotiated the price and terms...

The Korea Insurance Development Institute (KIDI) announced on Friday that it signed a business agreement with the Vietnam Insurance Development Inst...

South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...

South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...

Gmarket, a major e-commerce website based in South Korea, likely turned to profit in the fourth quarter of last year, which would mark the first tim...

Hankook & Company Co., the holding company of South Korea’s largest tire maker Hankook Tire & Technology Co., said on Tuesday it will ...

Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s top tire maker Hankook Tire & Technology Co., said ...

L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...

The head of Korean Air Lines Co. has expressed confidence over the airliner's proposed acquisition of Asiana Airlines, saying, "We will make it happ...

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

Celltrion Inc. announced on Tuesday it has decided not to pursue the acquisition of the biopharmaceutical unit of U.S. medical device maker Baxter I...

South Korea’s Fair Trade Commission (FTC) on Thursday gave its nod for Hanwha Group’s 2-trillion-won ($1.45 billion) takeover of Daewoo ...

A management dispute over a South Korean pharmaceutical maker CTC Bio Inc. specializing in animal drugs is intensifying as another medical company h...

A sibling feud over management control of DB Group is expected to intensify following the ascent of South Korean activist fund Korea Corporate Gover...