SK Shieldus sale to EQT Partners

SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...

The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...

Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...

Global private equity firm KKR & Co. Inc. has succeeded in cashing out of its stake in HD Hyundai Marine Solution Co. for 295 billion won ($206 ...

Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...

HMM Co., South Korea’s largest ocean carrier, is seeking to buy SK Shipping Co., excluding its liquefied natural gas (LNG) transportation busi...

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has ended its two-decade-long partnership with Deere & Co., the wor...

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...

With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...

Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...

North Asia-focused private equity firm MBK Partners and two leading Chinese biotechnology firms are vying for management control of CJ Cheiljedang C...

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...

Singapore sovereign wealth fund GIC Pte. has been given priority rights to buy three hotels valued at more than 600 billion won ($413 million) toget...

Samsung Life Insurance Co., South Korea’s largest life insurer, and Samsung Fire & Marine Insurance Co., the country’s No. 1 non-lif...

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

Exports of SK Hynix Inc.'s multi-chip packages (MCP), including high-bandwidth memory (HBM) AI chips, are rapidly dropping as the South Korean chipm...

The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...

The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...

South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, h...

Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-founder and CEO Sam Alt...

South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Corp. saw their US sales in January rise to record highs thanks to the gro...

LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy ...

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...

South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...

Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...

South Korean sportswear brand Fila Holdings Corp. posted a loss in the fourth quarter of last year, hit by the downturn in the apparel industry and ...