Joongang Control
Scope
Date
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Mergers & Acquisitions
Hahn & Co’s $270 mn deal to buy Namyang Dairy at risk of collapse
South Korean private equity (PE) firm Hahn & Co.’s deal to acquire Namyang Dairy Products is at risk of collapse as the owner and his fami...
Jul 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Investors revalue E-Mart after owning two-thirds of Starbucks Korea
Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...
Jul 29, 2021 (Gmt+09:00)
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Korean food
Hahn & Co. acquires controlling stake in Namyang Dairy Products
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...
May 27, 2021 (Gmt+09:00)
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IT & Tech
Samsung creates big data center under direct CEO control
Samsung Electronics Co. has launched a Big Data Center in a move to improve the use of big data in the development, marketing and sales of smartphon...
Feb 18, 2021 (Gmt+09:00)
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Batteries
Korea’s EV battery trio controls half of global market ex-China
South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...
Feb 17, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha to buy controlling stake in Korean satellite maker
Hanwha Aerospace Co., an aircraft engine components maker, will acquire a 30% stake in a South Korean Earth observation satellite maker for 109 bill...
Jan 14, 2021 (Gmt+09:00)
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Artificial intelligence
LG takes over controlling stake in US TV data analysis firm Alphonso
South Korea’s LG Electronics Inc. has acquired a controlling stake in US-based TV data analysis startup Alphonso Inc. to strengthen its softwa...
Jan 07, 2021 (Gmt+09:00)
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Post Lee Kun-hee
Samsung heirs’ $9 bn tax bill may lead to share sale, weak control
The three children and the wife of Samsung Group Chairman Lee Kun-hee, who died on Oct. 25 at the age of 78, is expected to face inheritance taxes of ...
Oct 25, 2020 (Gmt+09:00)
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Airline industry
Asiana again placed under creditor control; resale unlikely by year-end
Creditors of Asiana Airlines Inc. have decided to place the financially troubled carrier under their control after officially declaring the collapse o...
Sep 11, 2020 (Gmt+09:00)
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Corporate governance
Korea's largest tiremaker mired in family feud over management control
South Korea’s largest tire manufacturer Hankook Tire & Technology Co. is in the crosshairs as the family feud over management control o...
Aug 25, 2020 (Gmt+09:00)
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