STIC Investment to acquire laundry franchise giant Cleantopia for about $480 mn
STIC Investment, a South Korea–based private equity firm, is set to acquire Cleantopia, the country’s largest laundry franchise operator...
Europe’s loan market gains momentum on revival in deals: M&G Investments
Following a slowdown between late 2022 and the end of 2023, Europe’s broadly syndicated loan (BSL) market has regained powerful momentum. Tota...
Mid-cap growth buyouts: Korea’s next PE frontier where reputation matters most
Growth buyouts of South Korea’s mid-cap companies will drive the next wave of South Korea’s private equity expansion, according to UCK P...
Foreign PEFs sweep Korea’s big-ticket buyout deals as local rivals shackled by rules, politics
Global buyout firms have swept up most of South Korea’s large-scale mergers and acquisitions this year, filling the vacuum left by domestic pr...
Korean LPs seek to diversify private debt assets, prioritize liquidity over yields
South Korean major asset owners are seeking to diversify their senior direct lending-focused private credit portfolios into subordinated and distres...
World’s first leveraged SK Hynix ETF debuts in Hong Kong
A leveraged exchange-traded fund tracking SK Hynix Inc. began trading in Hong Kong on Thursday, marking the world’s first such product linked ...
Korean investors splurge $1.24 bn on US tech, crypto in holiday risk frenzy
South Korean investors spent their weeklong Chuseok holiday Oct. 3-9 chasing risk rather than rest, splurging $1.24 billion on US tech and crypto as...
POBA commits $140 mn to four Korean buyout, growth equity firms
The Public Officials Benefit Association (POBA), a retirement fund for South Korean municipal and provincial government officials, has committed 200...
Hahn & Co. tightens grip on SK D&D with $53 mn stake buyout
SK Discovery Co., the intermediary holding firm of South Korea’s No. 2 conglomerate SK Group, is selling its entire 31.3% stake in property de...
World’s top alternative investor Blackstone acquires Korea’s Juno Hair in $590 mn deal
US-based global private equity firm Blackstone Inc. has acquired Juno Hair, South Korea’s largest premium hair salon chain, in a deal that val...
Dollar store Daiso bucks retail slump, surpasses E-Mart, Lotte in valuation
Daiso, the largest discount store chain in South Korea, has turned the broader slump in offline retail into a growth opportunity, emerging as a game...
Samsung Chairman Lee heads to US as chips become key trade leverage
Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set Aug. 1 deadline for a trade deal, si...
President Lee meets with Samsung chief amid stalled US-Korea trade talks
South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...
Affirma Capital to acquire Equis’ Korean waste assets for $294 million
Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...
Hong Kong to list world’s 1st Samsung single-stock leveraged ETF
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...
S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...
UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte
UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...
MBK chairman to leverage own funds to pay Homeplus suppliers
Michael ByungJu Kim, the co-founder, partner and chairman of Northeast Asia-focused private equity firm (PEF) MBK Partners Ltd., is expected to leve...
Korea, US to expand cooperation in shipbuilding sector
WASHINGTON -- South Korea and the US plan to set up a working group to expand their cooperation in the shipbuilding industry from warships to commer...
Magnachip, up for sale again, contacts Samsung, LG, LX
South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...
Hanwha Ocean swings to profit, seeks 6 US Navy MRO projects
Hanwha Ocean Co., a South Korean warship builder, said on Friday it swung to profit in 2024 for the first time in four years, driven by increased sa...
CVC poised to buy S.Korea’s top contact lens maker OLENS
CVC Capital Partners is in the final stage of talks to acquire OLENS, South Korea’s largest contact lens brand, for about 500 billion won ($34...
Woori Bank to arrange $3.7 bn for Qatar desalination, power plant
South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...
MBK Partners’ 6th buyout fund raises $5 bn at 2nd close
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 ...
MBK Partners tipped to win battle for control of Korea Zinc
A consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zinc Inc. against the s...
KT&G to buy back shares, rejects Ginseng unit buyout offer
South Korean tobacco maker KT&G Corp. on Thursday unveiled a plan to buy back shares and pay dividends totaling 3.7 trillion won ($2.7 billion) ...
Celltrion to establish CDMO subsidiary
Celltrion Inc., South Korea’s largest biosimilar maker, said on Friday it plans to establish a contract development and manufacturing organiza...
UCK Partners advises Korean-style approach for buyout deals
An increasing number of South Korean companies are on the radar of private equity investors as the firms undergo digital transformation and generati...
Hanwha to take full control of S’pore Dyna-Mac with tender offer
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in Dyna-Mac Holdings Ltd., a Singapor...
AI-driven shifts will unlock opportunities: SK Chairman
Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...
